
Chiiny 🌺
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Chiiny 🌺
@chiinyyy
Web3 BD + PR + Comms | 🧘🏻♀️🥊🦵🌏🌱🏝


Shakira played a free show on Copacabana beach last night to a crowd of 2 million. Rio's city government paid $4 million to put it on. The city is expecting around $155 million in return. The whole thing is a tourism program called "Todo Mundo no Rio," which means "Everyone in Rio." Every year through 2028, the city books one massive pop star for a free show on Copacabana. The city built it to fill hotels in May. That month sits between Rio's two peak tourism windows, and bookings would otherwise dip. The first two years proved the model. Madonna's 2024 show pulled in 1.6 million people, and the local economy got about $60 million out of it. Lady Gaga came in 2025, drew 2.1 million, and brought in $109 million. Both weekends, the city's hotels were packed. Shakira is on track to top them both. Rio's economic office is projecting around $155 million in spending at hotels, restaurants, taxis, and shops, plus another $250 million worth of news coverage worldwide that the city would otherwise have to buy through ads. About 310,000 of last night's crowd flew or drove in from outside Rio. Airline bookings to the city were up 80% the week of the show compared to the same week in 2024. Hotels were full. When the previous mayor was asked whether spending public money on a free Lady Gaga show was a good idea, he didn't dance around it. Yes, he said. He'd done the same for Madonna. The reason was simple: the shows fill the hotels and the restaurants, and the tax money rolls in. 2 million people is about the population of Paris. They were all standing on a 4-kilometer (2.5-mile) stretch of beach. The setup ran 16 video and audio towers down the coast so the back rows could still see and hear. The city is generating roughly $40 of economic activity for every $1 of public money it puts in. They're doing it again in 2027.









We use our treasury to support the growth of the Solana economy. That is, definitionally, DeFi. But economies don’t exist in isolation. For Solana to be healthy, all of defi has to be healthy. We like competition. We compete hard. But if we zoom out, we’re all pushing toward open finance and open systems. We’ve deployed our treasury into Solana DeFi for many years. We supported Tether’s recovery plan for Drift. In moments like these, it’s important to show up for the broader ecosystem too. That’s why we are lending USDT into @aave for the first time to support their recovery efforts, and we will also be bringing $AAVE to Solana this weekend. DeFi United





Thrilled to announce our investment in MTS. Beginning today, MTS will be monitoring the situation across technology, business, politics, and culture, interviewing the main characters of the moment all day long on X. We’re seeding it alongside other angel investors such as Dan Romero, Packy McCormick, Soona Amhaz, Julia DeWahl, Austin Rief, Ryan Delk, Jonathan Swanson and more. The founding team includes @ChrisJBakke @theojaffee @gbrl_dick , @netcapgirl, among others. MTS’s initial hosts include the above as well as @MarkHalperin @creatine_cycle @amitisinvesting @labenz @JackFarley96 @jessegenet @stevesi , and more experts across tech, finance, politics, and culture. MTS aims to be the best place in the world to make sense of what’s happening, *right now*, and it’ll be on X. This was the original vision for CNN by the way. They called it “Randemonium”. The idea was, whatever the Current Thing happening in the world, put it on CNN full time, cover it from every possible angle, and keep it running until a more important Current Thing comes along. The CNN model has to wait for something to happen IRL. But something is always happening on X. And of course, X is — and has always been, the real world. Or at the very least, it’s the place where the people who run the real world make sense of what’s happening. Essentially, what the hell is happening and why? The world’s an incredibly complex and erratic place and trying to figure that out is a lifetime occupation. Figuring that out is the occupation of MTS. To Monitor the Situation is to watch history in the making. P.S. MTS is looking for hosts, guests, sponsors, teammates, and other monitors to help make sense of what’s happening. Reach out if this is you, and feel free to join the MTS discord.








