"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.

Now, come and read with us:

Now, come and read with us:

Investment and Entrepreneurship

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Investment and Entrepreneurship

In-depth discussion of the indicator framework that affects the direction of 2022 and the next BTC bull-bear cycle

Report style, establish an analysis framework, quote pricing models, covering macro analysis, policy risk, giant whale behavior, chain data and other aspects.

"In the medium and long term, given the size of Bitcoin's market capitalization, it is difficult to really go out of its own independent market, and it will definitely be affected by the market's expectations for the economic environment and overall sentiment, and the asset positioning of BTC determines this judgment or sentiment Views on it. The expected and actual interest rate hikes, as well as the trend of the inflation rate will determine the consensus of Bitcoin’s risk asset attributes and inflation-hedging attributes next year. Bitcoin is more sensitive to inflation than stocks .”

The first Bloomberg Encryption Outlook in 2022: Bitcoin may outperform stocks

Regular output from Bloomberg. In 2022, as the Fed will face the worst inflation problem in 40 years, global risk asset prices may rise further, and Bitcoin may benefit; the bottom line of Bitcoin may be $30,000 (Ethereum may be $2,000), and the resistance level should be at $100,000; Bitcoin may outperform stocks, fundamentals depend on 2021 hash rate reset.

In addition, speculative currencies can be used as a reference signal for the market stage, such as Dogecoin and Shiba Inu peak time is highly consistent with the market high point time.

From the "Three Laws" of the Ponzi universe, reveal the game behind the cryptocurrency

In the era of web 3.0, everything is being financialized and tokenized. These mechanisms will only become more complex and strange. Complexity is the favorite weapon of scammers. In web2.0, if you don't pay for the product, you are the product. In web 3.0, if you don't pay for your attention, someone else will grab your attention and pay for it.

The "Three Laws of Ponzi Economics" are: the amount of funds in an isolated system can be moved, but it cannot grow more than the invested funds (there is no negative sum game of self-hematopoietic business income); The entropy loss only increases over time; as the amount of money in the system starts to decrease, the activity of the system also drops to zero (process loss and death spiral). The article also talked about Ponzi's common routine process and judgment criteria (well, it doesn't necessarily mean that you can't judge, it's mainly fluke greed). I like "Chapter 4: The Possibility of Redemption" very much. It is very special how to dispel regret and regret after entering Ponzi.

This article is quite interesting. It may help the founding team to understand the ratio of token distribution for projects on different tracks. It is true that friends who are new to the industry often ask this question, but most of them will copy it without asking for a deep understanding. The company's answer.

DeFi

Moat or Trojan Horse? Curve War Escalates to Battle of CVX

Moat or Trojan Horse? Curve War Escalates to Battle of CVX

NFT, GameFi and Metaverse

Rhythm's Convex is very easy to read. It describes and analyzes the ins and outs of Curve War, player strategies, etc. one by one. The beginning of Convex basically coincides with the "routines" of many explosive projects in the past two years: parasitic blood-sucking (traffic looting) and nesting dolls (multiple rewards and liquidity re-release), and at this stage, Convex has already relied on its wonderful ’s model design has become the most important and popular character in Curve War.

NFT, GameFi and Metaverse

NFT Annual Report: Review 2021 Market Overview, Outlook 2022

The gamble of the founder of Opensea: From a team of five to a billionaire

Web 3.0

The series of articles interpreting the history of new unicorns has attracted special attention. Opensea recently raised $300 million in Series C financing, with a valuation soaring to $13 billion, led by Paradigm and Coatue Management. Looking back on Opensea's development strategy, I feel a little sweat for choosing "big and comprehensive" instead of subdivided categories when it came up. Fortunately, the labor cost is low and it survived the dismal time. At the same time, I also feel that it is difficult to break the Matthew effect of Ethereum NFT and Opensea as an absolute monopoly. Unless the latecomers can subvert the model (Pinduoduo is at the level of Taobao), it is difficult to rely on some IP and low procedures. Fei and other "micro-innovations" won.

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Web3.0 Study Notes Issue 4: Content Creation Tool Guide (1)

Analyzing Composability in a Web3 World

Ethereum and scaling

The word composability is mentioned every day in DeFi projects, and Aragon breaks it down into syntactic composability, atomic composability, morphological composability, and Web3 composability, and explains in a more structured way why the information and funds after combination Circulation is better than Web2 in fluency. Finally, the article also raised obstacles in the process of Web3: single, Web2 way of thinking and scale issues.

Ethereum and scaling

V God's 10-year review: Not optimistic about the growth of BTC and BCH, misestimating the technical difficulty and other latest thinking

Ph.D. in Economics: Analysis of the reasons for bearishness on Ethereum

DAO

I had dinner with an investor friend this week. He complained that "economists" always criticize a certain asset without explaining why. Shouldn't they first quantitatively explain the current price of this asset? I forwarded this article to him right away. The basic setting of this article is to compare ETH to a national currency, so the growth of economic (on-chain) activities is the most important driving factor for ETH prices; the condition that triggers the trend change of ETH value is the structural transformation of Ethereum from single-chain to L2 ( to C→to B), the transmission chain is the liquidity and trading volume of ETH. Suffice it to say, the angles are great and quantified. It is a big expectation of many optimists and bulls for 2022 that the market value of Ethereum beats Bitcoin. Traditional institutions have indeed continued to invest energy in Ethereum, so it is not difficult to understand the emotions of many Twitter users on this article. "Crusade".

It can be summed up in one sentence: the definition of "work" in the future will be generalized, and DAO will give X-to-earn coordination. Later, it also mentioned what tools and conditions are needed to start DAO and the future of work, and objectively explained the possible pitfalls: competitiveness and gaps, cognitive overload, and state separation.

hot spots of the week

secondary titlehot spots of the week，In the past week, the market sentiment was not good. At noon on January 7,BTC fell below 41,000 USDT for a short time, and the entire network liquidated a total of 140 million US dollars within 1 hourBridgewater Associates founder Ray DalioThink it is reasonable to allocate 2% of your portfolio to Bitcoin,The third largest bitcoin whaleBuy another 551 BTC,KazakhstanThe shutdown of Internet access has led to a drop in the computing power of many Bitcoin mining pools,Charlie Munger“I admire China for banning cryptocurrencies, I wish they were never invented”;OpenseaDigital RMB (Pilot Version) AppEminemApplied to major app stores;Completed $300 million financing at a valuation of $13.3 billion, led by Paradigm and Coatue,Buy BAYC NFT for $450,000,"Phanta Bear NFT"PHANTACi's first fashion brandWeChatlittle heat,WeChatPublish music NFT collections,GameStopWith "Editor's Picks of the Week" series

With "Editor's Picks of the Week" seriesPortal。

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