Weekly Editors' Picks Weekly Editors' Picks (0204-0210)

郝方舟

Odaily资深作者

@OdailyChina

2023-02-11 08:00 (UTC+8)

This article is about 4218 words, reading the full article takes about 7 minutes

High-quality in-depth analysis articles and weekly hot spots.

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High-quality in-depth analysis articles and weekly hot spots.

"Weekly Editor's Picks" is a "functional" column of Odaily. On the basis of covering a large amount of real-time information every week, a lot of high-quality in-depth analysis content will also be released, but they may be hidden in the information flow and hot news, and pass you by.

Therefore, every Saturday, our editorial department will select some high-quality articles that are worth spending time reading and collecting from the content published in the past 7 days. You bring new inspiration.

Now, come and read with us:

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Now, come and read with us:

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invest

The fourth Bitcoin halving narrative has arrived, are we entering another bull cycle?

start a business

The narrative surrounding the halving may be more optimistic than the halving itself. Given the historically repeated pattern of Bitcoin halvings, it is investors' psychological expectations that are the biggest factor driving investment and speculation around this "unrealistic optimism."

How to Find Crypto Alpha? Follow these 5 on-chain indicators

Venture capitalist trade and interaction activity (VC Watch dashboard on Watchers); unique contract deployments (number of unique contracts deployed on Artemis); liquidation levels (dashboard for liquidations on DeFillama); top balance change (last 7 The highest balance change of thousands of tokens in a day); CEX outflows may represent bullish whales or runs (DeFiLlama's CEX Transparency Dashboard).

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start a business

a16z Partner: 11 Tips for First-Time Web3 Entrepreneurs

Good storytelling can make your presentation or conversation engaging and interesting without losing your sincerity; focus on introducing the team; be confident; don't care too much about funding success or failure; a development you respect from similar projects Start a chat with investors and angel investors who usually understand your product intuitively, connect you with good investors, and give you solid advice; Don't lie; Be persistent; Slow down; Get a good lawyer; Backtrack Investors; have the courage to fight for more rights and interests for themselves (within reasonable limits).

DeFi

《a16z: Pitfalls, Solutions and Future Prospects of Token Design》《Tokens are for the protocol, they are a tool, part of the design process and should not be the goal. Tokens are great for giving people ownership over the protocol and for keeping people in line.The three phases of designing a token are defining goals, introducing constraints, and designing mechanisms. Common pitfalls are: overemphasizing tokens (ask yourself: how would the system work without tokens?); unlimited design space (ask yourself: what strong concept do you want to build?); and always leaving the community in the dark.

NFT, GameFi, and the Metaverse

Think of things as a tech tree that might help us reason about what's coming or what you need to get to the set of constraints you want.

Wen $crvUSD? Learn about the deployment details and latest developments of crvUSD in this article

Explain Spark Protocol in detail: a man named Sam wants to help MakerDAO do things

"respectively introduced the recent big moves of Curve and MakerDAO.

Valuation analysis of NFT trading platform: How much is Blur airdrop worth?

Among the exchanges that are currently listed, X2Y2 is undervalued and Looks is overvalued.

Blur's FDV valuation range is approximately $382 million to $458 million. Since Blur has not yet announced its token model, we cannot determine whether its tokens can capture handling fees like Looks and X2Y2, and cannot determine its initial issuance ratio, that is, the relationship between its MC and FDV; Whether the tokens in circulation mainly consist of airdrops.

In-depth analysis of subtle changes and future developments in the field of NFT transactions and aggregation

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Web 3.0

NFT trading platform

In the future, in the trial and exploration of the market, the NFT market may gradually enter the "aggregation era". The aggregator in Web3 is a very important component. Although there is an essential difference between NFT and FT, this logic also applies to the NFT market, including Uniswap Aggregator, which is also working hard to break down the barriers between the two. The market is in a critical period of NFT reform and transition, and the NFT aggregator track has become a trend.

Regarding the creator economy, the digital property rights of NFT have brought new wealth and opportunities to many artists and creators. However, the royalty reform and censorship system are also being further tightened, and the interests between the project party and the community are constantly being pulled, and the final outcome is still unknown.

In the future, the dark horse in the NFT industry may be a new combination of AI + NFT collision. Perhaps AI-generated NFTs promise to be the best creation and monetization game-changer in the digital space.

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An overview of the Web3 zero-knowledge proof market

a16z: Generative AI, the next consumer platform

Ethereum and scaling

a16z is an imaginative article, but has little to do with Crypto.

One of the most powerful features of AI is that it enables products to personalize the user experience. This customization will be a core value pillar of many AI-enabled products.

Language models have the potential to revolutionize one of the core functions of the internet: search. AI can also enhance and even stimulate human relationships. Tools like Millie and YourMove optimize profiles and information for dating apps, while apps like Mumkin help users navigate difficult conversations. Eventually, we could all have an AI chatbot that reminds us when it's time to reach out to friends and family and prompts us to send the perfect message. Artificial intelligence can help us connect with people who are not around or reachable.

Over time, we'll likely see more professional-grade generative AI products appear in portraiture, art, collaboration, video, design, audio, and more.

Ethereum and scaling

Grayscale: How to value Ethereum?

A framework for evaluating smart contract platforms is similar to a commodity — it is a platform of consumable resources. The price of a native SCP Token like ETH is usually correlated to the utility of the network: as the number of transactions on the network increases, so does the number of tokens burned, resulting in less available supply and potentially higher token value.
The supply and demand dynamics of smart contract platforms are driven by a range of factors, including market demand and adoption, performance and scalability, security, regulatory environment, teams and governance, and ecosystems and partnerships.
In the case of Ethereum, the decline in the supply schedule combined with the growth in DApp adoption suggests that the token may be undervalued due to a broader macro-driven sell-off.

An article discussing the ETH selling pressure after the Ethereum Shanghai upgrade

Total selling pressure for 3 scenarios:

Mild: 436,000 ETH => 14,000 ETH/day, over 1 month;

Average: 1,390,000 ETH => 23,000 ETH/day over 2 months;

The mere anticipation of a sell-off can lead to a sell-off. But if the market remains bullish, it could be easily absorbed by new buyers.

New ecology and cross-chain

Bankless: The L2 war is heating up, how is Optimism performing?

The Optimism ecosystem is growing rapidly, and there are many catalysts on the horizon that could help keep it on a growth trajectory. Optimism usage seems to warrant parity with other non-Ethereum L1 and L2 networks in terms of KPIs, major DApps in the Optimism ecosystem, upcoming growth catalysts, and risk factors.

The surge in usage can largely be attributed to the incentives that Optimism managed to leverage to secure itself a head L2 status on par with Arbitrum. Yet as competition intensifies, it's reasonable to wonder if Rollup deployed some ammunition at an inopportune time to attract the maximum number of users and liquidity.

Apart from the centralization problem, Optimism's panacea may be OP Stack. If the OP Stack becomes the standard for developing custom L3s, Optimism should benefit greatly from the composability between rollups using this framework.

New ecology and cross-chain

Interop: A full look at the biggest Cosmos trends and opportunities in 2023

Reasons why the author is optimistic about Cosmos include: interoperability infrastructure, modular blockchain infrastructure, application-specific blockchains, cross-chain security, adoption of privacy protocols, native stablecoins, liquidity staking protocols, CosmWasm smart contracts, DAO tools, wallets and custody.

Canto CSR Event Review: Sacrificing protocol income in exchange for a model of composability
Canto’s growth is impressive, because Canto announced Contract Secured Revenue (CSR, a cost-sharing model), which allows contract developers to earn a certain percentage of the transaction fees paid to the network when users interact with contracts. . This has increased market confidence in Canto's otherwise weak value capture.
Canto's current ecology is basically a fork of the old DeFi, and its lower limit is an ordinary Layer 1. The key lies in TVL, transaction volume, and ecological project quality.
Pay attention to the Alpha opportunities summarized by the English streaming masters every month, see if there are any targets related to your Watchlist, and understand the events to track.