What’s Possible: 4th March, 2022

We hope you enjoy this week's hand-picked selection of important and interesting stories from the frontiers of tech.

Sydney brothers raise $4m to help solve cryptocurrency tax ‘nightmare’

CryptoTaxCalculator has raised $4 million from a swathe of high-profile backers to help crypto investors streamline their tax affairs as the Australian Taxation Office (ATO) ramps up its crackdown on unpaid digital asset taxes. (read)

Beyond Growth: Beyond Meat has hit a wall

As more and more Americans turn to vegan or vegetarian diets, the producer of plant-based meat substitutes, most famous for its "Beyond Burger" has seen demand for its products slow dramatically - with revenue actually falling 1% year-on-year in its latest quarterly update. (read)

What are Airdrops?

Airdrops are a method of distributing tokens to users. They are commonly used to generate buzz around a project, reward users for certain behaviours and or create a community. They are popular with projects big and small, but US regulatory authorities are concerned they circumvent tax laws. (read)

Gene Editing Gets Safer Thanks to Redesigned Protein

UT Austin researchers were surprised to discover that when Cas9 encounters a mismatch in a certain part of the DNA (red and green), instead of giving up and moving on, it has a finger-like structure (cyan) that swoops in and holds on to the DNA, making it act as if it were the correct sequence. (read)

Credit: Jack Bravo/University of Texas at Austin.

Game Jolt launches mobile app for Gen Z gamers and creators

Game Jolt, a social platform where millions of Gen Z gamers and creators share and discover content around their favorite video games, launched its first mobile app for iOS and Android this week. (read)

Interesting adjacencies

• Shopify is eating their ecosystem (thread)
• Hats Finance: Incentivising white hackers for a superior crypto sphere (link)
• Michael Jordan’s Solana Athlete App HEIR Drops First NFTs (read)
• Ukraine DAO’s Flag NFT Sells for $6.75 Million (read)
• Why Disney’s Ad-Streaming Move Is a Big Deal (read)
• If you thought VR stinks, now it really does (read)

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