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It is becoming a programmable treasury layer; a capital strategy for public companies....The First Public Crypto Accumulator
Public crypto accumulation did not begin as a widespread strategy...What Is a Public Crypto Accumulator?...For public companies, these events reinforced a key strategic logic....Public crypto accumulators offer something different.
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31 Min
Macro & Markets
Jun 2025
In order to be truly decentralized, crypto protocols need to find a sustainable way to fund development and operations. As DeFi embraces DAOs, it’s becoming increasingly important to understand commun...
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1 Min
Asset Management
Dec 2020
This class of problems can broadly be described as the “Underfunded Public Goods” issue....In this daily, I will describe the Underfunded Public Goods issue generally as well as how it applies...As such, the marginal cost of producing public goods tends to 0....In blockchain speak, private goods have strong value capture mechanics whereas public goods don’t.
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6 Min
DeFi
Nov 2020
Existing Solutions To The Public Good Issue
To state the public goods problem simply: there are things...These so-called public goods are non-excludable and non-rivalrous....One case in which this can be clearly seen is that of public goods....of underlying projects that benefit from or leverage the public good in some way.
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11 Min
Asset Management
Nov 2020
Existing Solutions To The Public Good Issue
To state the public goods problem simply: there are things...These so-called public goods are non-excludable and non-rivalrous....One case in which this can be clearly seen is that of public goods....of underlying projects that benefit from or leverage the public good in some way.
Report
11 Min
Asset Management
Nov 2020
This class of problems can broadly be described as the “Underfunded Public Goods” issue....In this daily, I will describe the Underfunded Public Goods issue generally as well as how it applies...As such, the marginal cost of producing public goods tends to 0....In blockchain speak, private goods have strong value capture mechanics whereas public goods don’t.
Report
6 Min
DeFi
Nov 2020
Welcome to Market Musings, a weekly publication designed to keep our readers informed about the most...
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10 Min
Macro & Markets
Jul 2024
Welcome to Market Musings, a weekly publication designed to keep our readers informed about the most...Reports & Releases | Delphi Digital
BTC ETF Flows Tracker: Our in-house dashboard focused on everything...
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8 Min
Macro & Markets
Jun 2024
Welcome to Market Musings, a weekly publication that aims to keep our readers up-to-date on the most...Since last week’s publication, we have seen IBIT return as the favored ETF product, capturing nearly...
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11 Min
Macro & Markets
May 2024
Welcome to Market Musings, a weekly publication designed to keep our readers informed about the most...Reports & Releases | Delphi Digital
BTC ETF Flows Tracker: Our in-house dashboard focused on everything...
Report
9 Min
Macro & Markets
Jun 2024
🔍 Dookey Dash by Yuga Labs
The newest release from the house of Yuga is a skill-based, endless runner...This turned out to be entirely anti-climatic as this was more of a public relations meme to show coordination...To stay in the loop on future releases from Delphi Research, join our Telegram group here.
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7 Min
Games
Feb 2023
Welcome to the third edition of Market Musings, a weekly publication that aims to keep our readers up-to-date...Reports & Releases | Delphi Digital
BTC ETF Flows Tracker: Our in-house dashboard focused on everything...
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8 Min
Macro & Markets
May 2024
Foreword
The number of well-funded blockchain games that are opening their doors to the public with playable...Square Enix has shown no hesitation and continues its blockchain R&D efforts, releasing a Final Fantasy...Recent mobile app store privacy changes, a year’s worth of pent-up console demand and legacy title releases...
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42 Min
Gaming
Oct 2023
Welcome our second edition of Market Musings, a weekly publication that aims to keep our readers up-to-date...
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9 Min
Macro & Markets
May 2024
Welcome to the first edition of Market Musings, a weekly publication that aims to keep our readers up-to-date...Capital flows from public markets have long been a goal of crypto industry pioneers....burgeoning asset class to hundreds of billions — if not trillions — of dollars of potential capital via public...
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6 Min
Macro & Markets
May 2024
Today – we release Atropos – our RL environments framework. https://t.co/z5MCOorryo
Atropos is a rollout...reinforcement… pic.twitter.com/XuuznznFCJ
— Nous Research (@NousResearch) April 29, 2025
The Atropos release...Additional Resources
Nous release post
Atropos Github
Atropos Artifacts (Hugging Face)
Disclaimer
Delphi...
Alpha Insight
4 Min
AI
Apr 2025
Welcome to Market Musings, a weekly publication designed to keep our readers informed about the most...
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9 Min
Macro & Markets
Jul 2024
Welcome to Market Musings, a weekly publication designed to keep our readers informed about the most...
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9 Min
Macro & Markets
Jul 2024
At some point, however, Yuga Labs understood that it could not perpetually release additional NFTs or...MAYC holders, with the remaining supply being allocated to Yuga Labs and partners (15k) or sold to the public...The entire 55k public allocation sold out immediately, and demand was so high that the Ethereum network...
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37 Min
Gaming
Aug 2023
Electricity demand was largely stagnant in the decades leading up to ChatGPT’s release....CoreWeave was also unfortunate in that it listed shortly after the DeepSeek model release in early 2025..., which resulted in a sharp pull-back in all AI-related public company valuations.
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32 Min
Macro & Markets
Jun 2025