Time for a long thread. On-Chain metrics are continuously breaking ATH’s monthly w/o any indication of slowing down. Why? #Tezos $XTZ
better-call.dev/stats/mainnet/…
better-call.dev/stats/mainnet/…
https://twitter.com/wbm_97/status/1405962415771164685
2./ If it was not already apparent, grass roots NFT platform @hicetnunc2000 has rapidly begun to surpass all existing ones across the entire blockchain space in just 3-4 mos (in terms of DAU and TXN’s). This isn’t artificial, it’s completely organic.
3./ On-Chain governance within #Tezos has been battle-tested 6 times now (#7 is currently undergoing voting so be sure to vote!). This unique feature within #Tezos allows for scale + integration of any notable features/tech arising.
Current protocol upgrade in queue: link.medium.com/H0XqbHWgchb
4./ Among the many features presented within Granada, if adopted it will lead to the first instance of a public blockchain has programmed liquidity at the base layer. Would not be surprised to see a lot of exchanges add the base pair upon activation.
Liquidity Baking: medium.com/tezoscommons/l…
5./ Contrary to some opinions, this form of governance is ideal. If you don’t like something, it can be ratified and activated directly on-chain in a predictable manner! The way in which this process is done can even be ratified itself!
6./ Also this form of governance emulates a philosophy better coined as “Liquid Governance”. Tezos’ governance structure is “liquid” in the sense that its configuration flows between the two forms (representative and direct) from cycle to cycle.
See “Liquid Governance” philosophy here (with thoughts from Tezos OG Zero Hour Zulu): medium.com/tezoscommons/l…
7./ Now, what does this all mean and how does it tie together? Glad you asked - #Tezos is rapidly becoming the platform of choice for #NFT’s, #DeFi, #STO’s and more.
8./ Beyond blanket statements, these sectors are very important as public blockchain networks accrue their value from network effects. These are growing within #Tezos and the on-chain metrics are backing the developments made and ongoing.
See @wisercharlie’s post here: medium.com/tqtezos/tezos-…
9./ One can think of the aforementioned tweet in macro terms. The best description I have found to date was provided by @dannylmasters awhile back.
See here: medium.com/tezoscommons/c…
10./ In the #DeFi sector, we’ve witnessed the success of @PlentyDeFi, @GeniusContracts w/ SalsaDAO, and many more players/platforms.
11./ Within the #STO sector, we’ve seen continuous growth - allotting to over $4B in STO’s slated to take place on #Tezos.
Curious? See here: medium.com/tezoscommons/t…
12./ #STO’s are particularly important as we traverse this landscape across protocol coins like #Tezos which accrue their value from the types of assets that move to and fro between the network.
13./ Traversing back to #NFT’s, I find the recent usage/adoption to be commensurate with where things will likely begin to shift in this landscape. IMO, gaming and AR will play key roles in the intermediate - long term.
14./ @breitwoman laid out some really great insight here. In her words: “Games are important because they represent new social spaces. I think the metaverse is the next land grab on the Internet today”.
See more here: medium.com/@kathleenbreit…
15./ With the highly anticipated launch of Emergents from @InterPop nearing, I’m particularly excited to see how we begin to eat away the traditional art landscape w/ showcasing and selling art physically.
16./ There’s been a momentum shift in recent years and this goes for crypto itself - that shift involves rewiring how we create and define value.
17./ We can take fiat money, physical assets (art, real estate, collectibles etc.), gaming (esports) and see where the trend is moving. That trend is converting things that exist physically and may be given value from central authorities > digital.
18./ @BalesFootball has given a lot of invaluable insight into this particular shift here: luckymaverick.substack.com/p/nft
19./ While these are important, they shouldn’t detract from what’s being built on #Tezos. That is a truly open-source, community-governed, blockchain network.
20./ #Tezos is capable of running complex smart contracts for asset settlement and decentralized applications (dApps) which benefit from censorship resistance, decentralization, and user-control.
21./ If you find this thread interesting, consider asking yourself - what can I do for #Tezos?
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