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Reserve & Celo - Part 2
[pdf-embedder url=”https://storage.googleapis.com/members-portal-bucket/uploads/2020/07/Research-Report-Reserve-Celo-Part...-2-5-31-2020.pdf” title=”Research Report – Reserve & Celo – Part 2 – 5 31 2020″]...Simulation 2 and 3 did breach this Type something threshold, but only in 2% of iterations for the former...
1 Min
DeFi
May 2020
Axie Part 2 - Gamer Economics
SLP supply peaked at 584mil on 29th May and had a short period of deflation....On 28th June it stood at 484mil, a 100mil(-17%) supply decrease in 30 days....Small Love Potion (SLP) has seen a significant growth in price of +712% YTD as of June 28th....Axie floor prices increased from 0.03 ETH to around ~0.066 ETH, and MEO 2 Axie prices rose from 0.084...
9 Min
Games
Jul 2021
Layer 2: Rollups
In this report, we look at how the Layer 2 ecosystem is shaping up and dive into the varying rollup solutions...In order to unlock the next phase of growth, the scaling torch has been passed over to Layer 2s, led...
1 Min
Infrastructure
Dec 2020
The Shift to Layer 2: A Potential Disruption Catalyst for the AMM Ecosystem
...and then encourage liquidity providers to move over from the main pool to the layer 2 equivalent....Ideally a user executing a swap on the ETH-USDC pool on Unipig (Uniswap fork on the Optimism layer 2)...Ideally as a user, regardless of whether interacting with the ETH-USDC pool on layer 1 or on layer 2,...
5 Min
Layer 2 / L2
Nov 2020
Infrastructure
Jun 2019
Finding the Fun in Fundamentals #2 - Wemade
From 2019 to 2024, gross revenue grew from ₩113.6 billion ($87 million) to ₩711.9 billion ($547 million...However, even after recording a ₩308.1 billion ($237 million) net profit in 2021, the company posted...steep losses in 2022 and 2023, at -₩185.8 billion (-$143 million) and -₩206.7 billion (-$159 million)...
18 Min
Gaming
Jun 2025
WTF Is Anoma? Part 2: WTF Are Intent-Based Apps?
Part 2 – Applications In Part 1 we have overviewed Anoma’s intents and seen how they compare to Ethereum-style...“Part 2: WTF are intent-based apps?”...has 2 sections; First, we take a look at some existing intent-based apps across various verticals that...User 0xea wanted to sell 48,942 USDC and receive at least 26.66 ETH.
24 Min
Layer 1 / L1
Sep 2023
Coordination, Public Goods and Crypto (Part 2)
...century, yet the amounts of money raised to acquire these seats have gone up astronomically to $1.2B in 2017...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...
11 Min
Asset Management
Nov 2020
Coordination, Public Goods and Crypto (Part 2)
...century, yet the amounts of money raised to acquire these seats have gone up astronomically to $1.2B in 2017...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...
11 Min
Asset Management
Nov 2020
Zetachain Part 2: The Opportunity Ahead for Omnichain Applications
BRC-20’s on this DEX trade against sUSDT....The limited edition NFT collection boasted tiers ranging from $10K to $200K....Actual activity on Ordinals saw a significant spike between May and Sept 2023, averaging over 200K inscribed...The top five Ordinals collections on MagicEden, as of Nov. 2023, are Bitcoin Frogs, ABC, Ordinal Maxi...
47 Min
Layer 1 / L1
Jan 2024
The State Of Bitcoin
The ossified Bitcoin we saw in 2021 and 2022 seems to be a thing of the past....and not all existing just adding more). 2....Starting in Q1 2023, Bitcoin’s mempool exploded....In 2023, the FRM plummeted from 80x to between 12x and 40x, closer to how Bitcoin was between 2020-2021...
28 Min
Layer 1 / L1
Feb 2024
The State of Bitcoin
/1 20 1 12 1/2 8 0 12 /2/ 18 /2 20 1 1/ 3/2 8 13 01 8 2/ /20 1 2/ 3/2 9 2 01 3/ 4/2 9 17 01 9 4/ /20...(See Page 23) trend to decline over time as it matures....Long-term value potential and analysis of Bitcoin...
Infrastructure
Dec 2018
The State of Bitcoin 2020
Eighteen months after our inaugural State of Bitcoin report and our conviction in the long-term value...proposition of Bitcoin is as strong as ever....We strongly believe Bitcoin offers several key advantages over traditional safe haven assets, which will...Within The State of Bitcoin 2020, our team dives into all this and more!
1 Min
Proof-of-Work
May 2020
What's Up With Bitcoin?
Puts for the Dec. 2021 expiry have been the biggest hit amongst insurance buyers....Key Takeaways Deribit’s Dec. 2021 futures witnessed a flash crash earlier today....makers who sold puts hedged their positions by shorting the Dec. 2021 futures contract....Aave hits $20 billion in TVL Congratulations to the @AaveAave community for reaching 20 B USD market...
2 Min
DeFi
May 2021
BAYC Gets BendDAO-ed & Internet Game Season 2
Internet Game is an interactive entertainment platform that is launching its Season 2, titled “Bear Market...There are 2 parts to the games....Part 2 is a live finale with 3 multi-player games hosted by Gmoney & Leah Lamarr....The Sandbox announces the start of Alpha Season 3 on August 24....Fractional raises $20M funding round, rebrands to Tessera.
11 Min
NFTs
Aug 2022
Bitcoin Monthly Outlook - October 2019
Yan Liberman, CFA, CAIA [email protected] Kevin Kelly, CFA [email protected] 2 Executive...Strong Long term holders have held steady throughout all the volatility that took place this year, with 2...We cover this trend in further detail on the following pages.
Infrastructure
Nov 2019
Is Bitcoin Eating the World?
Is Bitcoin Eating the World?...the utility of cryptocurrencies by making them available as a “funding source for purchases at its 26...benefits when BTC is down 20-30% while the rest of their clients’ portfolios are ripping higher....Bitcoin has sat atop the list of the world’s best performing assets for most of 2020.
5 Min
Data
Oct 2020
Bitcoin Outlook Jan. 2021
On-chain analysis, market indicators, and cycle comparisons to understand the current state of Bitcoin...
Spot Exchange
Jan 2021
Embracing Bitcoin's Volatility
Bitcoin wasted no time in the new year, kicking off 2021 with a +35% gain in its first week of trading...Bitcoin Running Ahead of Schedule Bitcoin wasted no time in the new year, kicking off 2021 with a +35%...Prior Cycle Peak) “Now Do 2017” One of the most common criticisms of bitcoin’s rise to fame is the...
5 Min
Macro & Markets
Jan 2021
No, This is Not Your 2017 Bitcoin...
...for failing to reach a new high despite such a favorable macro backdrop so a strong move north of $20,000...Additionally, BTC’s monthly RSI just broke above 70 for the first time since BTC’s late 2017 run up....I noted in a tweet yesterday that bitcoin’s monthly RSI first broke >70 at the end of 2016 before...
5 Min
DeFi
Nov 2020