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Finding a Home for Labs
Introduction Delphi Labs is a blockchain protocol R&D arm, with a team of ~50 dedicated to building...In the wake of the Terra collapse, Delphi Labs was faced with a big decision regarding where to focus...Part I – Labs Design Constraints While we tried as much as possible to approach this exercise from a...
48 Min
Inside Delphi
Sep 2022
Dookey Dash by Yuga Labs
🔍 Dookey Dash by Yuga Labs The newest release from the house of Yuga is a skill-based, endless runner...These are impressive stats given that Yuga Labs has paid $0 on user acquisition (UA) or platform fees...🔍 Dookey Dash by Yuga Labs The newest release from the house of Yuga is a skill-based, endless runner...
7 Min
Games
Feb 2023
Bitcoin Market Structure, Fees and Lightning
Lightning Quick Payments On a more positive note, the Lightning Network is as lively as its ever been...Strike, a private app built on the Lightning Network, has taken off in El Salvador and is very likely...the core catalyst for Lightning’s growth....The Lightning Network had a rough past few years, with virtually no uptick in usage between Sep. 2019...
4 Min
Infrastructure
Sep 2021
Yuga Labs Acquisition, Solana NFTs, & Tatsumeeko
It also acquired over 400 Punks & 1,700 Meebits directly from Larva Labs....Let’s dive into the implications of this: This is a bold move by Yuga Labs that puts it at the helm...Immediately after the acquisition, Yuga Labs announced its intentions to grant CryptoPunk and Meebit...Pig Meebit prize claimed from wallet after solving a hidden puzzle by Larva Labs.
12 Min
NFTs
Mar 2022
Yuga Labs: From PFPs to Games - Where Does It Go From Here?
Introduction On April 30th, 2021, Yuga Labs created Bored Ape Yacht Club (BAYC) as an exclusive members...Yuga Labs acquired two additional IPs, CryptoPunks and Meebits, from Larva Labs and solidified its position...At some point, however, Yuga Labs understood that it could not perpetually release additional NFTs or...Note that Yuga Labs can still improve here.
37 Min
Gaming
Aug 2023
Yuga Labs Revives NFTs, LUNA Outperforms, & Key Market Levels
Chart of The Day: NFTs Restart Rally on Yuga Labs Acquisition As previously highlighted in our weekly...However, events over the weekend have sparked a renewed interest in the NFT market, most notably Yuga Labs...Yuga Labs, the company behind Bored Ape Yacht Club (BAYC), announced they acquired the IP of the CryptoPunks...
5 Min
NFTs
Mar 2022
Bitcoin Rundown: Market Indecision, Legacy Correlations, And a Lightning Boost
Lightning Network Capacity Up 2x in 2021 The Lightning Network opened the year around 1,000 BTC of...The USD value of BTC in Lightning is up 3x over the same period thanks to a historical Q1 from BTC....LN Strike, a private payments service built on the Lightning Network, opened up to country of El Salvador...
4 Min
Channels
Jul 2021
Channels
May 2019
Bitcoin Update: Reflecting on 2022 and the Future
Lightning Network At a high level, Lightning works by allowing users to transact BTC on side channels...which are hosted on Lightning nodes....The Lightning Network’s capacity is measured by how much on-chain BTC users have allocated to Lightning...On the capacity front, Lightning had a good year....However, we are neutral on Lightning.
14 Min
Proof-of-Work
Jan 2023
The State Of Bitcoin
Lightning Lightning adoption stalled out in 2023 as the Bitcoin-as-a-neutral-payment-rail narrative petered...Granted, Lightning tried to mitigate the challenges of BTC payment use with TARO and Lightning stablecoins...To that end, 2023 was a neutral year for Lightning....Lightning has managed to maintain its overall capacity in 2023.
28 Min
Layer 1 / L1
Feb 2024
Solana Sees Resurgence in 2023 With Rise in Active Wallets
Department of Justice is investigating the founders of Saber Labs over involvement in other Solana DeFi...The lack of growth could also be caused by Lightning taking up some of the demand.
4 Min
Layer 1 / L1
Jan 2023
Tether Grows, Whales Dump, and ETH Hash Rate at ATHs
Lightning Network Activity Ramps Up on Adoption Lightning Network (LN) is an L2 solution on Bitcoin...is a digital wallet built on LN, and they are one of the key players influencing the adoption of the Lightning...upgrade, Alpha Oracle Aggregator will be able to function more efficiently and securely. — Alpha Finance Lab...
4 Min
DeFi
Aug 2021
Inside the Leading PFP Ecosystems
Yuga Labs, the team behind BAYC, has continuously sought to expand its offerings beyond the initial 10k...Azuki NFT Ecosystem Azuki – Team Background The team behind Azuki, Chiru Labs, is a startup based in...Azuki’s Entrance into NFTs In January 2022, Chiru Labs made their entrance into the NFT market with Azuki...
24 Min
NFTs
Feb 2023
The DeSocial Protocols
For example, only some support BTC Lightning Zaps....However, since NIP-57, BTC Lightning payments have been an integral part of the protocol....Called Zaps, Nostr payments are a particular note type that contains Lightning payment receipts....The user transmits these receipts with Lightning, enabling users to send sats to other Nostr users.
25 Min
Social Media
Apr 2023
The Dawn of Bitcoin Programmability: Paving the Way for Rollups
Sovereign Labs has developed an adapter that can be integrated into their SDK....Additionally, Kasar Labs & Taproot Wizards have built a DA adapter that allows rollups built on Starknet...Finally, Nubit’s trustless bridge with Bitcoin utilizes the Lightning Network payment channel architecture...
60 Min
Layer 2 / L2
May 2024
Otherdeed Burns, Looming Signals, & Intro to Webaverse
Chart of The Day: Pain for Minters and Gains for Miners Yuga Lab’s Otherdeed for Otherside had its...Fortunately, Yuga Labs will be refunding users that failed their transactions during the mint....This sparked a discussion on Twitter that blamed Yuga Labs for not optimizing the minting contract which...
6 Min
NFTs
May 2022
Experimental new “Asteroid” inscriptions protocol brings tokens and NFTs to Cosmos Hub
Summary: Delphi Labs and Astroport contributors have unleashed a new inscriptions metaprotocol on Cosmos...UTC, Delphi Labs and Astroport released an open source metaprotocol for inscriptions on Cosmos Hub....Around that time, Delphi Labs contributor Redphone, published a tweet proposing a way to inscribe fungible...
12 Min
Other
Jan 2024
ZetaChain: The Path Forward for Universal Apps
The key idea is to use BTC to provide liquidity in the Lightning Network, generating fees shared among...Stroom-Enabled Lightning Network Nodes: These nodes manage Lightning Network channels using users’ BTC...Validating nodes also act as watchtowers, overseeing Lightning node activities.
41 Min
Infrastructure
Jul 2024
Opportunities in Web3 Mobile Gaming
IMVU IMVU is a social simulation game developed by Together Labs that allows users to create a 3D avatar...That said, it is an exciting area ripe for disruption, and we are excited by how the Lightning Network...benefiting from increased retention and improved unit economics by levering the platform’s suite of Lightning...
34 Min
Gaming
Aug 2023
A Primer for Web3 Distribution
Since ZEBEDEE is using the Lightning Network, the payment features utilized throughout their various...anyone who downloads the app to create their own username that is instantaneously connected to a private Lightning...able to send and receive funds using the Telegram and Discord bots or any of the other 20 compatible Lightning...
27 Min
Games
Oct 2022