Japan, once a Web 3 giant, is ready to reclaim its title as the Crypto Capital of Asia
A thread on the tailwinds converging to propel Japan back to the forefront of the crypto world
Read if you don't want to miss out on the potential leader of the next bull market!
1/17
In this thread, I cover:
- Brief history of Japan's crypto scene
- Japan's govt stance on crypto
- Crypto's PMF with Japanese citizens
- Japanese corporation's interest in crypto
Will China overtake US to become the next Web 3 powerhouse & kickstart the next bull run?
10 KEY TAKEWAYS from China's latest 100-page report on Internet 3.0
1/23
Before we begin, most news article claim that China's whitepaper talks about Web 3
In reality, Web 3 is only a SMALL portion of China's vision of the FUTURE
While the rest of the world is playing checkers, China is playing chess
2/23
May 18, 2023 • 27 tweets • 16 min read
The NFT space is on the precipice of a MASSIVE breakthrough
Introducing @limitbreak's ERC721-C standard & 🌟programmable royalties 🌟
1/25
I saw a few threads on ERC721-C, but they didn't go into detail why ERC721 couldn't enforce royalties & how ERC721-C works
I did it in a simple-to-understand manner in this thread for you
I also included 5 cool use cases for ERC721-C
Be sure to read it all; it's worth it
2/25
May 11, 2023 • 23 tweets • 20 min read
Did you know that 1 NFT project has onboarded more users than OpenSea & ETH NFT projects COMBINED
@Reddit's playbook on how to onboard 8.7M users into Web 3🧵
1/20
Reddit Collectible Avatars are actually NFTs on @0xPolygon
However, Reddit does not advertise them as NFTs but rather as 'limited-edition collectibles' that 'users own'
You can see in the documents that Reddit deliberately avoided the term NFTs
2/20
May 10, 2023 • 12 tweets • 8 min read
One project in crypto:
- performance grew 1800% YoY
- owns 99% of the market share vs competitors
- is crucial to crypto's decentralization
- has a token value accrual mechanism similar to ETH
I spent hours digging and found 100s of REAL-WORLD BUSINESSES building on top of @0xPolygon
A thread on why Polygon is the top choice for businesses, why that is important, and why I'm so excited for Polygon's future 🚀 @0xPolygonLabs has been bringing real value to the crypto space by facilitating real-world use cases
Other than Ethereum, I dare say Polygon is the top chain at this
This isn't your ordinary "moon" hype – it's about tangible impact on the global economy
(1/19)
Mar 11, 2023 • 20 tweets • 20 min read
Investors are rushing out of $USDC due to the SVB situation
There is already a NET BURN of $2.13 BILLION USDC over the past 48 hours 😥
Compilation what investors are doing, useful on-chain data + CEX & DEX to consider in case you want to buy or sell USDC🧵
(1/15)
While:
• $2.13 net burn = only ~5% of total USDC supply
• Supply is still > FTX saga low
BUT
• It's only < 48 hrs since the SVB situation & redemptions has stopped since banks are closed on the weekends
Will monitor what happens on Monday when it resumes
(2/15)
Mar 6, 2023 • 9 tweets • 12 min read
Worldwide crypto adoption is NECESSARY & INEVITABLE
Countries, big tech, finance and other real-world x blockchain adoption news that you NEED to know
Get up to speed in < 5 mins 🤝🏻
(1/7)
💲 CeFi
Seeing more Web2 platforms launch their non-custodial wallets to onboard their users into Web3.
Only bad news is the Silvergate one; will have to monitor how it plays out
🏦 Others
Super cool to see Lotte, a conglomerate dive into NFTs. Bullish @0xPolygon!
Last week, he called the @Stacks narrative - now it's up > 100% & every other trader is finally talking about it
How is Hal always early to narratives?
5 KEY takeaways from a recent @theBlockcrunch ep to improve your trading game 👇🏻
DISCLAIMER: These are my takeaways and may not fully represent what Hal is trying to say!
This week @OrthoTrading defaulted on their $36M loan on @maplefinance, a CeDeFi platform for undercollateralized loans
Is this another blow to the already dying DeFi space?
No, I don't think so, and here's some clarification on the situation🧵
DeFi participants are indeed going to take yet another hit due to @FTX_Official's implosion
But like FTX's case, it is not a failure of crypto nor DeFi
It is actually another deceitful act by a centralized financial institution i.e. Orthogonal Trading
@Treasure_DAO is a perfect example of why execution matters more than 1st mover advantage
🧵 on how a derivative project became arguably the best gaming ecosystem in crypto
First, a little backstory on the project that inspired @Treasure_DAO
Though not the 1st of its kind, @lootproject was the 1st bottom-up gaming ecosystem that gained significant traction
At its peak, their free mint NFT resold for an avg. of $84k, with one even fetching $1.4m
Apr 17, 2022 • 20 tweets • 7 min read
This week I met with 8 chads and got inspired to write on:
Vision Investing vs Problem Investing
Read on to find out the differences between these 2 frameworks & possibly improve your investment game
VISION INVESTING starts with having a vision of the future & working backwards
Eg In 2018 when even Blockchain & Fungible tokens were iffy, if you saw a future where Non-Fungible Tokens (NFTs) took off, you'd invest in marketplaces like Opensea which acts as a supporting bridge
Apr 8, 2022 • 19 tweets • 6 min read
This week I got to learn from Calvin @calchuIus, founder of @Impossiblefi and ex-@binance
Our 6 hour long conversation 🤯 is an alpha goldmine and I wish
I have recorded it.
Here's 2 important takeaways that you should read, especially if you're trying to break into Web 3.
1. Short-Term (ST) vs Long-Term (LT) Greedy
ST Greedy: Guaranteed ST gains with Non-Guaranteed LT Loss
LT Greedy: Loss / Sacrificing ST gains for Non-Guaranteed LT Gains
It is easy to see why most are tempted to be ST greedy.