Over the last few months, Proof of Play‘s Pirate Nation has grabbed significant mindshare within the Web3 gaming sector. Led by one of the key minds behind Farmville and backed by $33M in funding, the team’s successful product-centric GTM campaign will likely impact how other Web3 teams approach their pre-TGE strategy. By strongly priorit

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Payy is attempting to solve the severe UX issue that is inhibiting crypto from being mass-adopted.

The underlying issue with the UX is that it’s too complex.

Currently, to transfer funds to someone, you need to copy their address from somewhere, open up a wallet, and make sure you have enough gas money to send the transaction. If they

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Tether recently announced a record-breaking $5.2B in profit in the first half of 2024. Tether is now on track to generate nearly double Blackrock’s 2023 earnings. For context, Blackrock is the world’s largest asset issuer. While Tether’s profitabili... Read more

Rollbit is a massive player in the online gambling sector, primarily targeting the crypto user base.

There is a very good in-depth report on Rollbit’s business here, but this post will just lay out the reasoning for why I believe the worst could be behind us.

$RLB Price Action

RLB has performed poorly over the last year, albeit with si

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Unicorn’s token UWU finally went live after months of teasing, and it can be claimed on their site for those who participated in the clawback. For those unfamiliar with Unicorn, it’s a new PoS “memechain” on cosmos – yes, memechain. In its current state, traders can trade “memecoins” on their Meme Market, but these aren’t ordinary tokens

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With Bitgo announcing a strategic partnership with Justin Sun and the Tron ecosystem, there has been a lot of outcry. They intend to move their business from the United States to a multi-jurisdictional custody through a partnership with BiT Global... Read more

With the recent underperformance of $ETH, I thought it would be beneficial to analyze ETH restaking flows.

Even with ETH’s stark drop in price, regular staking flows remain positive, and the total ETH staked has surpassed 34M.

This is roughly ~27.8% of the total $ETH supply, a relatively low figure compared to other L1s.

Restaking Flows

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Zkp2p is a trustless, zero-knowledge peer-to-peer onramp and offramp for crypto users.

They have been awarded grants from the Ethereum Foundation and Privacy Scaling.

Onboarding

For onboarding, the process is quite simple:

1. Choose a payment platform and the amount of USDC you would like to purchase.
2. Scan a QR code to complete the payme

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In April of this year, we outlined our thinking around Ethena. Since then, a lot has changed:

• Ethena added an additional $750M in USDe supply, officially making it the fourth largest “stablecoin” at $3.1B
• The protocol has now generated over $100M in cumulative revenue, $42M of which has been retained as protocol earnings
• Ethena is now th

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Zircuit has finally released enabled claims for their governance token $ZRC.

Since the start of 2024, they have been running a points campaign for people who deposit assets in the protocol.

TVL is currently ~$2B (comprising mostly LRTs) and was as high as ~$3.5B.

The maximum supply is 10,000,000,000, of which 700,000,000 are allocated

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