"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

Explain in detail the annual reports of 40 top crypto venture capital VCs, and tell you who is the most worthy of follow-up investment

Wu said this article counts the financing information of 590 Token projects issued since July 2020, and calculates the rate of return (current price/price on the date of publication) and maximum return (highest price since the announcement/ price on the day of announcement) and the largest loss (the lowest price since the announcement/price on the day of announcement). Among the 40 VCs counted, DCG, Galaxy, Pantera Capital, Coinbase and Maven 11 are the top five in revenue. In addition, the overall performance of the other 16 VCs represented by CoinFund, Bitscale Capital, CoinGecko Ventures, IOSG Ventures and Jump Capital was even better than the above 40. Since it is indeed difficult to calculate the return on investment of VCs that contain a large amount of non-public information, Wu said that his advice is not to follow and invest in "good projects", but to avoid "bad projects".

Deciphering the Sequoia Capital Encryption Bureau: Why did Michelle choose All in Crypto?

There is a lot of content and scattered, and a few paragraphs are extracted: "Storytelling is an undervalued art, and SBF is very good at telling stories."

"Entrepreneurs of Web2 turning to Web3 are like switching from PC desktop to mobile, and there will be very successful cases of transition."

"I pitch projects from Twitter."

"For entrepreneurs: fast execution is very important, don't waste too much time thinking and entanglement."

“The rise of crypto requires a new crypto stack. It may be helpful to understand cryptocurrency along two dimensions: space (stack) and time (cycle). Our basic appeal is this: Billions of people want a better A better financial system and a better internet; we think a new generation of developers will be motivated to build these fulfillment needs for the world.”

"Sequoia Capital is committed to establishing a long-term model and becoming a partner of the invested companies."

How did Delphi Labs become the economic model master behind Axie and Luna?

This article is from a podcast featuring Delphi Labs principal and Delphi venture managing partner Jose Macedo and co-founder Yan Liberman. They mainly introduced the birth of Delphi Labs, how to help Axie design the economic model, the story with Terra and the projects being incubated. It's very long, thanks to Fuchao for putting the essence at the beginning of the article:

"The current total supply of SDT is 78 billion US dollars. Once a new reliable stable currency is born in the future, its ceiling will be very high. In other words, the stable currency market is currently the largest market in the encryption field."

"If the assets on the chain want to obtain enough credit endorsement, they need to continuously increase collateral. Not all collateral is good, and as the collateral reaches a certain level, this model will definitely appear centralized. All the problems with stablecoins.”

"A good issuance strategy is a moat for the project. The whole significance of the Token issuance mechanism is to improve the ability to discover value."

“The DAO is not where everyone votes on everything. Governance requires specialization, i.e. specialized committees or groups that are empowered to make decisions in a certain area and then report to the rest of the DAO.”

"Many times, it is very difficult for people to hold NFT for a long time. Although there are many solutions to solve this difficulty, such as empowering NFT and giving relevant discounts to people who hold NFT, there is a problem in these solutions. They are all Zero-sum, in this model, there will always be someone sacrificing part of their interests.”

This article sorts out the stable currency farming strategy in the bear market: how to capture the best quality APY?This article first uses USDC as an example to introduce three strategies to realize compound interest through Abracadabra using Yearn and Curve, and then introduces the method of using DAI to lend alUSD in the algorithmic stable currency protocol Alchemix, and then exchange it back to DAI to obtain compound interest APY. If you feel overwhelmed by the high gas fee of Ethereum, the AMM and Farming protocol ProtoFi on Fantom are also worth mining. In addition, income strategies that are more suitable for DeFi newcomers include: direct pledge of UST in Anchor, liquidity pledge of LUNA, and the use of "Degenbox" lending strategy. Finally, the article also recommends two tools: Beefy Finance, a multi-chain revenue optimizer, and Coindix, a DeFi revenue monitoring website.》。

DeFi

If you are an "ETH party" and don't want to play stablecoins, Rhythm also compiled a guide written by The DeFi Edge: "

Bad market? 8 ways to teach you how to earn passive income with ETH

The topic selection is great, and I haven’t seen anyone mention “Is the algorithmic stablecoin superfluous” in a few days.

NFT, GameFi and Metaverse

Based on Ethereum's stablecoin aggregation protocol mStable, a package of underlying assets bAsset (Basket Asset, such as USDT, DAI) is minted into mAsset (such as mUSD, mBTC) according to a certain weight through smart contracts to solve three problems: Anchoring the same assets The tokens are too complicated, the user threshold is high, and the experience is poor; the assets lack income; the protection against permanent loss of anchor assets is lacking. However, in the current practice, mAssets still has problems of security, stability, convenience, and poor swap pool depth.

NFT, GameFi and Metaverse

How to snap up NFT with the method of scientists?

The explanation with the flow chart is so powerful, it is very helpful for novices to understand the NFT transaction process. If you are already familiar with the background knowledge, you can start reading directly from "How Scientists Snap Up NFT". In a nutshell, use various means to make your transaction TX be packaged by miners before others, and complete NFT mint before it is sold out .The mainstream methods include reducing the delay in obtaining information, choosing shorter transaction paths, and submitting transactions in batches. The article is directed to the "artifact" Flashbots, with introduction and documentation. For the project side, the methods to prevent scientists from "disrupting the situation" include whitelisting, public sale through capital verification lottery, and signature verification on the server side of mint.》、《As for how to "select products", choose the time and manage the trading mentality, please refer to: "》。

How does 0.6 ETH become 150 ETH? Let's take a look at the NFT strategy of players with 250 times incomeHow to earn 70 ETH from 10 ETH? A quick look at the investment experience of overseas NFT players》

If you want to buy NFT in batches, try Gem and Genie tools, recommended reading: "

Can only buy one NFT at a time? Teach you how to use the aggregated NFT platform to sweep the floor in batches

Dialogue with OpenSea Lianchuang Alex: We have only barely touched the tip of the iceberg of NFT capabilities

A few excerpts from Alex Atallah's interview:

"OpenSea's biggest competitive advantage is "optionality" and is striving to become a broader market covering every major NFT blockchain, every type of metadata, every type of image, every type of NFT attachments. "

"You can think of font licenses as NFTs, every time a calligrapher's font is sold on the secondary market, they are rewarded with grants and royalties, and it's pretty clear who owns which font license, which font is more It's also very clear that other fonts are more scarce. NFTs really change the way the web motivates people."

“You can think of the security challenges in the NFT space as a pyramid. At the bottom, is the blockchain itself, on top of which are smart contracts and various types of programs, above that is metadata, and at the top is user interoperability sex."

"Our team is currently about 110 people. Last year at this time we were about 10 people."

Azuki: Japanese animation and post-Web3.0 national identity

After one year of high light, the NFT that turned people on their backs: an in-depth analysis of the four major chaos in the NFT industry

Ethereum

Summarized the current chaos in the NFT market, namely the assembly line production and Rug Pull, the technology and sincerity of Ahri as an example are not up to standard, the white list of excessive hype, and various problems in management and governance.

Ethereum

From a podcast in which V God participated, he explained the importance of the upcoming merger between the Ethereum PoS chain and its application layer, introduced the different stages and expected timing of the merger process, and discussed why decentralization is important, and Will Web3 user experience surpass censorship resistance as the core appeal of Dapps. Buterin also took criticism and explained why he believes Ethereum's design is a sustainable way forward. Later, there will be some topics around the future of multi-chains and cross-chains, L2 trade-offs, the "cancel culture" of the Bitcoin and Ethereum communities, etc.

DAO

A detail about the future vision of Ethereum is "logging products and services with Ethereum (address)".

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From the Curve Wars to the Fei Incident, Meta Governance Is Making a Difference

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hot spots of the week

In the past week,hot spots of the weekIn the past week,U.S. Undersecretary of the TreasurybidenSequoia CapitalAn executive order regulating cryptocurrencies will be signed next week;CoinbaseSequoia CapitalAn encryption fund with a scale of US$500-600 million will be launched to invest in tokens,Spend $14 million to place ads during the Super Bowl game, causing the website to go down for a while,CircleCoinbase, Robinhood, etc.OpenSeaLarge encryption companies jointly released the "TRUST" plan, after the SPAC transaction terms were updatedCryptoPunk #5822Double the valuation;Launched OpenSea Ventures and Ecosystem Grants,Sold at a record price of 8,000 ETH for this series,It soared nearly a thousand times in two days,andVictoria's SecretNew York Stock ExchangeJPMorganJPMorganSotheby'sKobe Bryant jersey and its NFT will be auctioned, cryptocurrency payment will be accepted,Ali NFTWith "Editor's Picks of the Week" series

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

See you next time~