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Bitcoin Dominates As Digital Gold Narratives Strengthens
[pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-Bitcoin-Dominates-As-Digital-Gold-Narrative-Strengthens...-7-22-2019.pdf” title=”Macro – Bitcoin Dominates As Digital Gold Narrative Strengthens – 7 22 2019″]...
1 Min
Macro & Markets
Jul 2019
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″]...Paul Burlage [email protected] [email protected] 2 Recent Celo Gold Auction & Mainnet...
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
Bitcoin: More Than Just Digital Gold?
🔍 Bitcoin: More Than Just Digital Gold?...The average size of a block has increased from about 1.2 MB to 2 MB since the start of the year....The first Ordinal sold for 7.1159 BTC, while the 288th sold for 2.25 BTC....The buzz around Bitcoin being used as something other than digital gold has led to other players exploring...
7 Min
Layer 1 / L1
Mar 2023
Stocks Begin to Stall as Gold Starts to Glimmer
Weekly Market Commentary - April 15th, 2020 Stocks Begin to Stall as Gold Starts to Glimmer Bitcoin...Worldwide Google Trends for "Coronavirus" Gold is on pace for its best month since Feb. 2016, breaking..., MSCI 2 Bitcoin Hits Resistance Bitcoin's price has continued to fade after running into resistance...
Layer 1 / L1
Apr 2020
"Option on Digital Gold" Proving It Can Walk the Walk
[pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-_Option-on-Digital-Gold_-Proving-It-Can-Walk-the-Walk...-7-8-2019.pdf” title=”Macro – _Option on Digital Gold_ Proving It Can Walk the Walk – 7 8 2019″]...Gold (Last 30 Days) Sources: TradingView, Coinbase, CryptoCap, ICE 2 Research July 8th, 2019 Momentum...
1 Min
Macro & Markets
Jul 2019
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
The Option On Digital Gold Has A Long Way to Go
Gold Correlation (30-Day) GLD Price 0.6 Research March 1st, 2019 The "Option" on Digital Gold The...It may be more appropriate to call it an option on digital gold instead....But I thought this was supposed to be digital gold?...Gold (Top) & BTC (Bottom) *SPY represents the SPDR S&P 500 ETF; GLD represents the SPDR Gold Shares...
DeFi
Mar 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
Bitcoin's "Digital Gold" Narrative Fades Its Summer High
… / / 2 02 01 0 … 02/06/20 … 02/11/20 … / / 2 02 16 0 … 02/21/20 … / / 2 2 03 6 0 … / / 03 03 20 … 03.../08/20 … / / 2 1 03 3 0 … / / 03 18 20 … 03/23/20 … / / 2 04 28 0 … 04/02/20 … 04/07/20 … / / 2 04 12...
Macro & Markets
Oct 2019
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
Bitcoin's Market Structure, Correlation to Gold, and Miner Revenue Mix
BTC and Gold’s Relationship Back in 2019, BTC’s correlation to gold propelled the narrative that BTC...However, that relationship inverted in the second half of 2020 and it hasn’t recovered since....If BTC isn’t considered an inflation hedge — as gold is — by investors, then rising inflation could negatively...of 25%.
3 Min
Infrastructure
Jun 2021
Digital & Physical Gold Gain Amid Geopolitical Unrest
: TradingView, Coinbase 2 Bitcoin's Risk-O Move The correlation between bitcoin and traditional risk-off...as of February 7th, 2020 Source: World Gold Council 8 European Gold Bid European investors, most...Gold Price (EUR) Data as of February 7th, 2020 Source: World Gold Council 9 Gold Momentum Divergence...
DeFi
Feb 2020
Digital & Physical Gold Gain Amid Geopolitical Unrest
BTCUSD 1-Hour Price Data Since Last Week Sources: Coinbase, TradingView 2 Research January 9th,.../ 2 04 7 20 / … / 04 03 20 / … 04/10 20 / … / 1 04 7 20 / … / 05 24 20 / … / 0 05 1 20 / … / 05 08 20...
DeFi
Jan 2020
Zetachain Part 2: The Opportunity Ahead for Omnichain Applications
...the inscription technology by building a simple order book DEX for BRC-20 tokens....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...
47 Min
Layer 1 / L1
Jan 2024
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