How can we use historic benchmarks from established ecosystems to predict future success?
@0xallyzach explores these questions, diving into the correlation between new token launches, user traction, and ecosystem impact.🧵
2/ So what is the "wealth effect"?
The “wealth effect” arises when user growth is memetically driven by the idea or perception that launching new ecosystem tokens can lead to wealth creation.
3/ By analyzing the connection between a network's daily active addresses and its market cap across established ecosystems like @avax, @0xPolygon, and @arbitrum, utilizing time-lagged cross-correlation, we can account for potential correlations.
We are thrilled to announce the availability of our fully integrated Diligence Report library, offering targeted asset research to meet all compliance and research needs.🧵
2/ With this update, Enterprise users can purchase access to our complete library of 100+ unique Diligence Reports, as a bundle with flexible pricing, or choose to buy them individually.
To purchase specific reports, users can head over to our Diligence Report dashboard.
3/ From there, Enterprise users can easily search for specific reports directly from the Diligence Report dashboard, where they can also access their purchased reports.
Additionally, users can find Diligence Reports within specific Asset Profiles where they have been filed.
1/ While top-of-the-market #NFT projects continue to become more financialized, there are still a number of NFT projects looking to bring utility-driven use cases back to NFTs.
@Saypien_ breaks these down use cases, including token-bound accounts below.👇🧵
2/ What are some of these promising new #NFT utility cases?
While the first three trends expand the utility of traditional NFTs, token-bound accounts offer a perspective shift.
3/Token-bound accounts (EIP-6551) enhance #NFTs by giving them a smart account wallet which allows the NFT itself to hold tokens, hold NFTs, and conduct transactions.
This could materialize into a user customizing their favorite PFP with accessories.
1/ Born from the ashes of @Meta's Diem project, @SuiNetwork aims to address the three main problems of the blockchain: scalability, safe programming, & mainstream adoption.
@CabronElBufon explains how Sui plans to become the principal base layer for smart contracts.🧵
2/ Diving into the technology, what truly set @SuiNetwork apart is its object-centric data model.
While most smart contract platforms use accounts or unspent transaction outputs (UTXOs) to keep track of the blockchain’s state, Sui combines both approaches into a hybrid model.
3/ In @SuiNetwork's model, all transactions take objects as input and produce new or modified objects as output, w/ every object containing the hash of the last transaction.
“Live” objects are those available to be used. Global state is determined by observing all live objects.
2/ Web proxy protocols represent a growing segment of the DePIN space.
They can be broadly categorized with other protocols that support internet bandwidth sharing.
2/ In place of traditional proxy markets, a decentralized network of residential device owners could effectively provide a multitude of residential IP addresses ethically.
Residential proxy solutions allow device owners to passively share their unused network resources.