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8th June 2023

Aaron D.
Aaron D.

This Week’s Forum Threads (June 7th)

It was a busy week in the governance forums, despite the negative regulatory news. Here are the threads I recommend you follow. It’s a GHO! After much debate, discussion, and testing, Aave is finally ready to launch its stablecoin GHO. Aave Compani...

7th June 2023

Delphi Roundup | June 7th

Recent Research 📊 Solo, Liquid, or Centralized: A Guide to Staking ETH – 6/6 In this report, we delve into the diverse options available for staking ETH, the latest developments in ETH staking, and strategies that could amplify the compounding eff...

6th June 2023

Exploring Web3's Implications for Multi-Billion Dollar In-Game Item Economies

As mobile gaming grew its share of the global games industry, the free-to-play business was booming. Following a model of onboarding first and monetization later via in-app purchases, F2P quickly carried the industry to new all-time highs. To put thi...
Teng Yan

Steep drop in VC funding for Crypto projects

Where is the money? The steep drop in VC funding across the board for Crypto teams is pretty stark. Even if the data in the chart below isn’t showing the entire picture, we can probably expect at least a 60 – 70% drop in startup funding this year. S...

Gaming Deals Are Up 240% MoM

We saw a 66% increase in total funding amount and a 240% increase in the number of deals announced in May compared to April. That being said, total Web3 game investments are still down by 37% compared to February. It is fair to say that market unce...
Yun Heng Lin
Yun Heng Lin

Blend Is the New Leader in NFT Lending

As a new contender in the NFT lending realm, Blend achieved a remarkable feat by capturing 77% of the total NFT borrowing volume market share and facilitating over 31.8k loans totaling $466M in volume since launch. This achievement speaks to the st...

Reddit Avatars: NFTs as Digital Identity

Reddit — the “front page of the internet” — has been revolutionizing the way people interact and share ideas since its inception in 2005. Renowned for its diverse communities, ranging from light-hearted discussions on the latest memes and cultural tr...

5th June 2023

The (Draft) Market Structure Bill: A Note on Strategy.

Everyone is still absorbing the recently dropped draft digital asset market structure bill (DAMS), and I wanted to provide a broader perspective on how we might approach these conversations. Is this draft bill perfect? No, it certainly has flaws th...
Aaron D.
Aaron D.

Delphi’s Crypto Security Updates (June 5th)

Last week was a brutal week for crypto-related exploits and hacks. Here are the ones you should be aware of to prepare yourself and put some guard rails in place. Atomic Wallet: Users signed into their Atomic Wallets over the weekend to find all the...
Yun Heng Lin
Yun Heng Lin

OpenSea Fights Back

OpenSea Pro has surpassed Blur in terms of daily unique users since its launch. More NFT traders are trying out products on OpenSea Pro than on Blur, even though both platforms offer 0% fees and similar trading features. One possible reason for this...