Initia recently unwound its VIP program, an attempt to align the incentives of the Initia L1 with the applications building on top.
They believe an emphasis on controlling the supply side of $INIT is flawed because true value accrual occurs on the demand side by creating utility.
The overarching emphasis of this system is that Minitias (L
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Blackbird is a loyalty-based application for restaurants built on Base.
The simplest way to think about this is that it’s tokenized Chipolte rewards.
Blackbird is releasing a second token $F2 to complement FLY.
FLY is the native token within the Blackbird ecosystem. It is designed as a a loyalty token, with the primary utility being p
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Momentum is the most powerful force in markets. And right now, stocks are taking it on the chin.
Plenty of people have been calling for a selloff in US equities for well over a year now, and see the latest pullback as the start of a bigger downtrend. Whether or not that proves true, we’ll see.
But even leading up to their peak a few weeks
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TLDR: Prediction markets rely on efficiency, but efficiency is not guaranteed.
Prediction market structures can work. However, they rely on so many different components being in place that they do not consistently create accurate probability.
The systems rely on complete market efficiency, which is not realistic.
In my first post on predi
...We are halfway through our DeAI series, so I thought now may be a good time to call out a few themes / categories which I was particularly bullish on which hadn’t been discussed much.
So far, my top three candidates are:
1) Datalakehouses / Warehouses
2) Graph Neural Net Foundational Models
3) Agent Orchestration / Interoperatibil
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Two months ago, I outlined my thinking around MKR in a short memo titled, The Revival of MakerDAO: Unpacking The MKR Thesis. In the memo, I reduced the MKR thesis to four core pillars:
1. Improved fundamentals – In addition to Maker’s existing revenue sources (i.e., vaults), I made the case that the Direct Deposit Module (D3M) gives Mak
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As a refresher, Ore is a PoW coin launched on Solana. I wrote about it briefly when it launched (see https://members.delphidigital.io/feed/pow-on-solana-ore) but didn’t have much to say. It was kind of hectic, severely broken and basically caused Solana to stop working. The devs scrapped v1, Solana fixed congestion issues, and now v2 is s
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On the eve of Remilia’s ecosystem token ($CULT – which we covered previously), it felt appropriate to highlight some other collections that had some synergy with memecoins since this is often an overlooked market segment.
One could say that memecoins have displaced NFTs this cycle – they are the new volatile and often illiquid asset tha
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