Doing heavy research on #NFT recently, so I thought it might be a good idea to gather all the pieces that I personally find interesting in a single thread. This thread is a working piece dedicated to #NFT.
18: @AndrewSteinwold conversation with the one and only @MetaKovan. The world's largest collector of NFTs (by value) and an incredible force for good in the NFT space
2) I guess the story started off with @richardchen39 @hosseeb @ttunguz etc. driving the airdrop model seems to be broken narrative using UNI airdrop as the case study, good analysis by @jphackworth42 tho, love the work. However, the angles are completely wrong in connecting the analysis to conclusion.
3) Are VC bros trying to drive the no selling of airdrops narrative so they can benefit themselves so much more?
1) #Canto, a free public infra layer-1 blockchain built to deliver on the promise of defi, driven by a group of chain-native builders have attracted notable activities recently. Let's take a look at its protocol metrics and unwrap some possible insights.
2) No. of txs in the canto network has been ranging from 2k-10k on a daily basis with daily network fee of low-mid 3 digits canto before enabling the Contract Secured Revenue (CSR) and increase gas price. The 1st txs peak reached during the 2nd week of Canto mainnet.
3) The 2nd txs peak reached just 6 days post CSR, with ~61k txs on that day and collected network fee of almost ~12k Canto. Equivalent of ~360k Canto monthly or $162k network fees at current market price (~$0.45). Adjusted to pre-CSR gas price, that's 3-5x of the prev daily fees.
@tokenterminal You have to make a distinction between companies (stocks) with Dapps/smart contracts (tokens). There is no market consensus on which ratios to use in the current market environment. These are just wishful thinking and market participants (especially degens) will outlaw these.
@tokenterminal Equity market started way earlier than amazon, facebook, google. EU market started like 1700s, when amazon, google, FB started we already have market consensus on what to look at, and you using these metrics on newly created DeFi market?
@tokenterminal Not saying ratio analyses are NOT useful, but just saying forcing traditional metrics onto DeFi Dapps is stupid af, especially in the secondary market, primary market may be similar in terms of the dd process and market participants' characteristics.
1) Got asked by a few people to write a 🧵 on how to effectively and affordably nomad. Since I’ve been nomading in the past 6 months from mid Feb to mid Aug, so I figured to sharing some thoughts covering some of my nomading life/experience. Been to 9 different counties so far.
2) Part of travels are for crypto conferences, part are for personal. Living wised, stayed mix of hotels and Airbnb were the best choice for me, maybe service apartment would be even better. There are certain trade offs between hotels and Airbnbs.
3) Hotels
Pros: quality standards are consistent
Cons: laundry is painful, room is relatively small, can’t cook.
Airbnbs
Pros: Useable space is way bigger than hotel, home feeling, can cook, Laundry available.
Cons: quality standards are not consistent
1) Taking a look at some numbers on @DigiDaigaku since it's been on the top trending list of @nansen_ai. The floor has been up 43% to 7.59 ETH over the last 24 hrs, Vol has exploded with a 322% increase over the past 24 hrs. The average price has been trending up since 19th Aug.
2) A bunch of common buyers bought the NFTs at around the 4-5 ETH range when @gabrielleydon announced an airdrop for @DigiDaigaku holders.