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BAT Has My Attention
You should not purchase any token based solely on this information. This is not investment advice....DeFi / Web 3: Building new native wallet, multi-chain DEX aggregator, more utility for BAT (Discount token...Is this a classic example of the equity vs. token value capture debate playing out in real-time?
10 Min
Internet of Things / IoT
Mar 2021
Pay Attention To Celestia
Let’s imagine a case where two apps wanted to exchange some tokens with each other....Developers have to source a new validator set, make sure they have a widely distributed token and deal...They often involve things like pricing of operations, adding new opcodes, defining token standards, etc...
25 Min
Proof-of-Stake
Feb 2022
Back to Basics: Macro 101 [Interview]
Over the years, I’ve found that oftentimes the most basic questions hold the key to understanding some...But too often we shy away from seemingly “basic” concepts in favor of more complex answers, myself included...
3 Min
Asset Management
Mar 2021
Attention Is All You Need
...how crypto tokenizes attention why AI will disintermediate attention So, grab a coffee or stiff drink...What does tokenizing everything mean?...They offer the purest way to buy a token because of the future attention you think it will command....And he basically said, “hey, you can just have it, like zero strings attached or anything.”...
33 Min
Financial Market Themes
May 2024
Tokenized BTC on Ethereum
As of today, 5,446 tokenized BTC exist on Ethereum, across various types, worth approximately $51m....Tokenizing Bitcoin on Ethereum has generated a lot of buzz in recent weeks with the advent of new cross-chain...There are even new products like BTC++ from PieDAO, which essentially is an index token comprised of...
3 Min
Infrastructure
Jun 2020
Exchange Tokens: Features and Value Accrual
All 3 CEX tokens employ a discount token model where token holders are entitled to some level of trading...though these features vary among the 3 tokens....Token vs Equity  Exchange tokens have gradually evolved from the traditional role of providing utility...other, as well as to DEX tokens.
6 Min
Data
Apr 2021
NFT Memo - Metas Worth Paying Attention To
Memecoin NFTs As memecoins took over this cycle they took most of the attention away from NFTs – why...are different to Bored Apes ($APE), Mfers ($MFER) or Doodles ($POOP) where the founders airdropped tokens...This also allows $APE to be used as a gas token – and historically, demand for gas tokens increases once...
19 Min
NFTs
Sep 2024
Infrastructure
Jul 2019
Proposed Powertrade Token Economics
We describe our proposal for Powertrade's token economics, a first of its kind tokenized insurance fund...
DAO
Apr 2021
The Implications of yEarn’s Acquisition of Pickle on Token Holders
The basic structure entails a rebranding of Pickle jars (Pickle’s vaults) under the yEarn brand name....So if there are more sUSD Curve pool tokens than sBTC Curve pool tokens, sUSD LPs will earn more CRV....CRV tokens are locked as veCRV, the voting token for the protocol, and issued in proportion to the lock...But what does this mean for each token?
7 Min
Vaults
Nov 2020
NFTs
Apr 2020
The Future of Onchain: The Age of Tokenization & The Token Identity Crisis
Universal boasts the ability to trade any token on any blockchain through a unique token wrapping system...As it stands, most crypto tokens are undergoing what I believe to be a “Token Identity Crisis.”...this token identity crisis is the tokenization of equity.
20 Min
Other
May 2025
DAO Banking: Beyond Tokens
Tokens Tokens Tokens Since DeFi started taking off in 2020 it has predominately been financed and incentivized...through tokens....The financing of this activity also uses a rather basic capital formation structure, using purely tokens...Enter the success token....Tokens […]...
24 Min
DAO
Jun 2022
Angel Protocol Token Design
Over the past few months we’ve been working with Angel Protocol to design their HALO token....design and governance architecture with the following objectives: To propose a design for the HALO token...To design a token distribution and liquidity mining campaign that helps bootstrap donations for charities...
1 Min
Asset Management
Dec 2021
The Curious Case of Token Unlocks
...with a token....Understanding the Basics The gold standard of a successful project is one with a useful, viable product...The project begins to gain attention, which translates to another $180M of demand on the secondary market...high-float tokens....Yet, we still see some tokens performing positively as tokens unlock.
24 Min
Macro & Markets
Dec 2022
A Token for Multisigs, and Astroport's Council Assembles
Active Votes Friends With Benefits is running a poll for their token holders to rank the...GIP-29 Safe Token: This proposal is for ratifying the creation of Safe DAO and the SAFE governance token...GIP-7 New Tokens: This proposal adds CRV, SUSHI, LDO, FTM, and LUNA as allowable tokens in Gearbox’s...
8 Min
DAO
Apr 2022
DEX Tokens Outperform CEX Counterparts
Today, we compare the performance of CEX tokens with DEX tokens, and our Research team shares some insights...Tokens issued by CEXs clearly depict these solvency concerns with a stark underperformance over tokens...The chart above shows the price performance of a basket of CEX tokens vs....BTC and a basket of DEX tokens vs. BTC.
5 Min
Macro & Markets
Nov 2022
Altered State Machine: Tokenized AI
At its very core, ASM is a platform for tokenizing trained AI models, using a NFT....ASM will feature the ASTO token, which can be used for governance, training, minting NFTs and more within...of the AIs, ASTO will be needed to save the result of their training, driving value back to the ASTO token...Soon tokenized AI may be counted among them.
7 Min
NFT AI
Dec 2021
Football Fan Tokens Crater as the FIFA World Cup 2022 Begins
As the FIFA World Cup 2022 kicks off, we re-examine the performance of football fan tokens while our...📊 Football Fan Tokens Crater as the FIFA World Cup 2022 Begins In financial markets, big events...Since Nov. 18, fan tokens for the national teams of Argentina (ARG: -17%), Portugal (POR: -17%), Brazil...
4 Min
Sports
Nov 2022
BTC Pain, UST Turbulence, & Intro to Token Sinks
...emissions in the long run, it eventually leads to an even more inflationary scenario for the resource/token...
7 Min
Macro & Markets
May 2022