A little over 24 hours ago, Yuga Labs announced that Legends of the Mara (LoTM), an intermediary title within the Otherside ecosystem, would launch its open Beta sometime in September. The game, which can be viewed as a (potentially) fun distractio... Read more

In our Reflecting on EthCC report, we mentioned how most of the crypto discourse has been about the infra layer as opposed to the application layer. Friend.tech, a new social app launched on Coinbase’s rollup Base, has proven to be an exception to t... Read more

Voltz has had a difficult few months since our report back in May. After being live for over 12 months with no real issues, Voltz suffered two insolvencies that have derailed its momentum. On the 21st of June, the GLP-ETH rate shot up from 10% to ~5... Read more

Recent Research 📊 Opportunities in Web3 Mobile Gaming – 8/29 The most recent estimates state that by the end of 2023, there will be a total of 3.38B gamers, and this number will grow 12% to reach 3.79B by 2026. Out of those 3.38B, more than 80% a... Read more

Maker’s RWA vault sees another 1.84M default from ConsolFreight following HarbourTrade’s default. Is this something to be worried about? By segmenting them into their various loan types, we see that Maker has a large concentration of DAI loans used... Read more

Price swings in crypto may seem absurd, but they’re nothing compared to the swings in sentiment and emotions displayed on Crypto Twitter. BTC experienced a 20% drawdown from the local top at $31.7k set in July. That drawdown percentage is now about 1... Read more

Aave’s Shiny New Vendor Process Aave has proposed a new process that should streamline and increase the quality of their service provider agreements. I will admit that I have recently been disappointed in Aave after the discovery that Aave was poten... Read more

One noteworthy news this week: The SEC charged Impact Theory with an unregistered offering of NFTs. Context: Impact Theory is founded by Tom Bilyeu, an entrepreneur and co-founder of Quest Nutrition. Impact Theory sold $30M worth of its “Founders ke... Read more

RWAs, or real world assets, are a big narrative in the crypto world. It’s crypto’s best shot of integrating with traditional finance. Simply put, it’s taking traditional assets and tokenizing them on public-ledger blockchains. Maker, Centrifuge, Mapl... Read more

Despite Friend.tech’s recent success and virality across Twitter, I have been underwhelmed and skeptical of its long-term success. Friend.tech is cool, and the team has done a great job creating incentives to onboard people. But the bonding curve see... Read more