In fast-moving markets like this, it seems like almost every other day there is a new bullish “meta” taking over headlines for the week
For this reason…
I’ll attempt to lay out the top 23 innovations on $ETH that may completely change the way we use the network below! 🥐
For this reason…
I’ll attempt to lay out the top 23 innovations on $ETH that may completely change the way we use the network below! 🥐
1. Interchain Accounts
A handful of devs across Proof of Stake blockchains have been working on making the cross chain future a reality
Interchain accounts will allow different blockchains to easily interact with smart contracts on $ETH
This will unlock billions in capital…
A handful of devs across Proof of Stake blockchains have been working on making the cross chain future a reality
Interchain accounts will allow different blockchains to easily interact with smart contracts on $ETH
This will unlock billions in capital…
2. Smart Contracts Wallets
Smart contract wallets are 100% necessary for widespread adoption of DeFi
These are wallets maintained by contract code, rather than a private key
It opens up a world of opportunity for things like social recovery, gas-less txs, & a whole lot more…
Smart contract wallets are 100% necessary for widespread adoption of DeFi
These are wallets maintained by contract code, rather than a private key
It opens up a world of opportunity for things like social recovery, gas-less txs, & a whole lot more…
3. AI DAOs
Let’s imagine an artificial intelligence on the blockchain, constantly improving itself to meet a set of goals
With neural networks & machine learning on $ETH, this is actually very possible
Believe it or not, this has already been tested:
medium.com/@trentmc0/ai-d…
Let’s imagine an artificial intelligence on the blockchain, constantly improving itself to meet a set of goals
With neural networks & machine learning on $ETH, this is actually very possible
Believe it or not, this has already been tested:
medium.com/@trentmc0/ai-d…
4. Web 3.0
When things went digital, people completely changed the ways they viewed ownership of their items online
The Web 3.0 economy is an open network owned, and powered by the creators
There are no silos or boundaries in this ecosystem, meaning platform agnostic ownership
When things went digital, people completely changed the ways they viewed ownership of their items online
The Web 3.0 economy is an open network owned, and powered by the creators
There are no silos or boundaries in this ecosystem, meaning platform agnostic ownership
https://twitter.com/croissanteth/status/1427415449860517888
5. Automation
If you build on $ETH, you’ll quickly notice one thing…
There is no way to hard code something to happen at a specific time, everything has to be triggered by something
This goes for:
-claiming
-liquidations
-payouts
Bot networks are crucial for $ETH infra 👀
If you build on $ETH, you’ll quickly notice one thing…
There is no way to hard code something to happen at a specific time, everything has to be triggered by something
This goes for:
-claiming
-liquidations
-payouts
Bot networks are crucial for $ETH infra 👀
6. Capital Efficiency
$ETH is extremely capital inefficient.
Liquidity is segmented across protocols like Uniswap, Aave, or Sushiswap
The platform that closes these borders will be the one that prevails, forever changing the way people can use their capital
$ETH is extremely capital inefficient.
Liquidity is segmented across protocols like Uniswap, Aave, or Sushiswap
The platform that closes these borders will be the one that prevails, forever changing the way people can use their capital
7. Staking Derivatives
With the use of interchain accounts and staking derivatives on $ETH, billions of dollars in locked capital will be unlocked from various proof of stake blockchains
All of these blockchains can then interact with smart contracts using the derivatives 👀
With the use of interchain accounts and staking derivatives on $ETH, billions of dollars in locked capital will be unlocked from various proof of stake blockchains
All of these blockchains can then interact with smart contracts using the derivatives 👀
8. Fractionalization
So long, cheap NFTs.
The creation of fractionalization tools have made NFTs infinitely more accessible for the normal investor
Entire groups of people can pool to own their fair share of NFTs, & they no longer need the absurd upfront capital to get started
So long, cheap NFTs.
The creation of fractionalization tools have made NFTs infinitely more accessible for the normal investor
Entire groups of people can pool to own their fair share of NFTs, & they no longer need the absurd upfront capital to get started
https://twitter.com/fractionalbot/status/1429211728005550080
9. Creator Tokens
As more and more people open up to the idea of creator economies, I believe we will start to see them pop up frequently
There are a wide range of applications on $ETH that allow you to monetize your work, with benefits even exceeding traditional solutions
As more and more people open up to the idea of creator economies, I believe we will start to see them pop up frequently
There are a wide range of applications on $ETH that allow you to monetize your work, with benefits even exceeding traditional solutions
https://twitter.com/CroissantEth/status/1422043974471241730
10. Play To Earn
The use cases for $ETH & NFTs are undoubtable in the gaming industry.
With a combo of crypto economics and players of the game, all parties are inclined to make sure the game is developed to the greatest of their ability
These are very powerful network effects
The use cases for $ETH & NFTs are undoubtable in the gaming industry.
With a combo of crypto economics and players of the game, all parties are inclined to make sure the game is developed to the greatest of their ability
These are very powerful network effects
https://twitter.com/croissanteth/status/1423779372847218692
11. Fair Launches
If there is one common theme in DeFi, it is the ability of fair launches & fair token distribution projects to easily attract value
Whether it be liquidity mining, governance airdrops, or any other types of fair launches, these kinds of projects always win
If there is one common theme in DeFi, it is the ability of fair launches & fair token distribution projects to easily attract value
Whether it be liquidity mining, governance airdrops, or any other types of fair launches, these kinds of projects always win
https://twitter.com/asiahodl/status/1361692788048338950
12. ENS
Use of ENS in a wide range of dApps will transform UX on $ETH
Lots of people are still unaware of the fact that they can send any stream of value across the world with nearly instant finality without a bank, as simply as they would send an email
wallet.eth > 0x87ab…
Use of ENS in a wide range of dApps will transform UX on $ETH
Lots of people are still unaware of the fact that they can send any stream of value across the world with nearly instant finality without a bank, as simply as they would send an email
wallet.eth > 0x87ab…
13. Zero-Knowledge Proofs
zkproofs are a revolutionary technology made possible by cryptography
It allows two parties to verify information without revealing anything other than the validity of the statement itself
They may also have to ability to scale $ETH to the next level
zkproofs are a revolutionary technology made possible by cryptography
It allows two parties to verify information without revealing anything other than the validity of the statement itself
They may also have to ability to scale $ETH to the next level
14. Synthetics
Synthetic assets make up the trillions in dollars of assets they can represent
The benefits of universal market access located on a censorship resistant network should not be underestimated
This is a tool for applications in the even greater ecosystem
Synthetic assets make up the trillions in dollars of assets they can represent
The benefits of universal market access located on a censorship resistant network should not be underestimated
This is a tool for applications in the even greater ecosystem
15. Ungovernance
This is a unique governance design minimizing governance as much as possible
Introduced by $FLX, the token will serve to eventually minimize governance to a PID controller in the code
This will be particularly attractive for its trust-less design
This is a unique governance design minimizing governance as much as possible
Introduced by $FLX, the token will serve to eventually minimize governance to a PID controller in the code
This will be particularly attractive for its trust-less design
16. Credit Delegation
Credit delegation refers to the process of delegating credit to someone
The smart contracts can be programmed to execute predefined functions, removing trust
This is a way for DeFi protocols to source liquidity WITHOUT needing borrower side collateral
Credit delegation refers to the process of delegating credit to someone
The smart contracts can be programmed to execute predefined functions, removing trust
This is a way for DeFi protocols to source liquidity WITHOUT needing borrower side collateral
17. Asset Managers
Asset managers are essentially permissioned pools for use across DeFi
Any type of pool can use their deposited tokens in a vault through Asset Managers, putting idle capital to work when it is NOT being used as swap liquidity
This will be massive for AMMs…
Asset managers are essentially permissioned pools for use across DeFi
Any type of pool can use their deposited tokens in a vault through Asset Managers, putting idle capital to work when it is NOT being used as swap liquidity
This will be massive for AMMs…
18. DAOs
DAOs can make up of any number of people who maintain a group’s decisions in a distributed manner
Individuals can use their tokens to vote and propose ideas they want to happen
These have already come to be some of the largest bootstrapped communities we know
DAOs can make up of any number of people who maintain a group’s decisions in a distributed manner
Individuals can use their tokens to vote and propose ideas they want to happen
These have already come to be some of the largest bootstrapped communities we know
19. NFT Marketplaces
Although the NFT ecosystem has expanded significantly since last year, there is a lack of a decentralized, user-friendly NFT marketplace…
When a dApp makes the process of trading NFTs as easy as using Uniswap, the whole NFT market will flock there
Although the NFT ecosystem has expanded significantly since last year, there is a lack of a decentralized, user-friendly NFT marketplace…
When a dApp makes the process of trading NFTs as easy as using Uniswap, the whole NFT market will flock there
https://twitter.com/croissanteth/status/1425547499163488258
20. Education
There is a significant lack of formal education and knowledge involved with crypto
Those who make trying new dApps and features on $ETH fun to do will attract a huge amount of customers NEW to the industry
There is a significant lack of formal education and knowledge involved with crypto
Those who make trying new dApps and features on $ETH fun to do will attract a huge amount of customers NEW to the industry
21. On-chain Analysis
It is actually unbelievable how much “alpha” there is to be found on the blockchain
Now, it is easier than ever to see what the biggest whales are doing, where the funds are going, and who is interacting with who
You can even find partnerships on chain
It is actually unbelievable how much “alpha” there is to be found on the blockchain
Now, it is easier than ever to see what the biggest whales are doing, where the funds are going, and who is interacting with who
You can even find partnerships on chain
22. Decentralized Lending Protocols
An unbiased, non-intrusive, & nearly instant lender is an idea that would be laughed at in tradfi
However with things like Reflexer, $MKR, & much more on $ETH this is possible
This is not only a large step for crypto, but all of the world
An unbiased, non-intrusive, & nearly instant lender is an idea that would be laughed at in tradfi
However with things like Reflexer, $MKR, & much more on $ETH this is possible
This is not only a large step for crypto, but all of the world
23. Layer Two Interoperability
As more users go to layer 2 rollups for their scalability, interoperability will be important
What is already scaling $ETH to tremendous levels in terms of TPS, will also be able to benefit of the inherent features of optimistic & zkproof rollups
As more users go to layer 2 rollups for their scalability, interoperability will be important
What is already scaling $ETH to tremendous levels in terms of TPS, will also be able to benefit of the inherent features of optimistic & zkproof rollups
Anyways, there are an abundance of narratives that may very quickly become the new normal on $ETH, each in different sectors
It is extremely important to keep all of these in mind while we’re in the bull market…
I hope you all enjoy! 🥐
It is extremely important to keep all of these in mind while we’re in the bull market…
I hope you all enjoy! 🥐
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