The question is: what is stopping apps from similar tactics to maximize value capture and minimize value...Value is being abstracted away from the base protocol layer....Chains were valued under the assumption that usage equals value accrual....These are not indicators of value creation, but rather value dilution.

value....Risk Free Value (RFV) was popularized by OlympusDAO during its run up, and is a method of valuing a treasury...Risk free value is book value if all tokens were written off to their true floor price....the market to determine a fair value rather than trying to directly influence the fair market value...its treasury-backed value.

...described why productive assets (i.e., fixed supply is not enough) are the superior form of long term store...of value....The best long-term store of value needs to be better than just a sturdy rock, it’s necessary to also...Store of Value Assets – Monetary Premium “Cryptocurrency” is often a misnomer, but sometimes it isn’t...

A maximum loan-to-value ratio needs to be set in stone based on this....If the value of the collateral drops such that the loaned XYZ token is now valued at $75M, then FTX can...This plays out smoothly as long as the mark-to-market (MTM) value of the collateral equals the USD value...of assets, but not the true realizable value.

Valuing Layer 1s – Memes, Money, or More?...However, it doesn’t actually say anything about value capture for the overall token itself....It’s net neutral to value capture either way, you’re just deciding who it helps....In this situation value is captured either way, you’re just deciding who it helps....It’s all just moving value around and I’m breaking even.

...looks against competitors in the market, whether the token economics makes sense, and the potential value...As a result, transaction fees from using the chain are an additional value driver for OSMO and other...are still highly valued by the market....App-chains have the added advantage of having network level value accrual on their application.

Recently, there has been an increasing focus on value accrual within blockchain networks....We will examine how these transaction ordering policies influence value capture at both the application...Transaction ordering policies are a critical aspect of network design, as they directly affect value...Value Accrual Auction proceeds are sent to Arbitrum DAO’s treasury.

...period Avalanche was also able to offer a big discount on fees which was likely viewed as an appealing value...Let’s analyze the bridge activity to better understand how much value crossed over the bridge and how...The visualization below illustrates value flowing across the bridge by asset over the 23 days since launch...

...creates a correlation between the demand of the underlying protocol and the token price, strengthening value...A token’s value accreting properties can be altered at the discretion, and without notice by management...holders instead of equity holders necessarily makes the latter worse off due to the fixed amount of value...

...period Avalanche was also able to offer a big discount on fees which was likely viewed as an appealing value...Let’s analyze the bridge activity to better understand how much value crossed over the bridge and how...The visualization below illustrates value flowing across the bridge by asset over the 23 days since launch...

Users have to pay fees to miners to store that data in a block....Where an Ordinal sits in the timeline of inscriptions drastically affects their value....The slower pace of Ordinal inscribing on Bitcoin will likely affect their value or drive collections...Ordinals, on the other hand, are stored directly on-chain.

The hash values are then pushed upwards by computing the hash of the child hashes at each level until...Solana uses a non-merkelized value store, so it does not have to face state growth explosions like Ethereum...On the right-side graph, the percentage values indicate the proportion of data points falling within...

Blankos Block Party was released in late 2020 and became the first Web3 game to launch on the Epic Games Store...made with the in-game off-chain currency and are subject to both a Mythical Marketplace fee and an app store...This flow keeps Rivals app store compliant, maintains the flexibility to buy back the token on the backend...

’s App Store....Platform dependent, downloaded via app stores. Conform to rules of the store....Security/User Trust Medium: Apps aren’t vetted by the store....High: App stores conduct security checks....In-store payment rails only. Third party payment rails not accepted.

For example, Epic Games Store’s reliance on exclusives has often led to underwhelming sales, as seen...The decision to allow Apple-based apps to leverage third-party app stores and marketplaces in the EU...This policy shift aligns with platforms like the Epic Games Store, which has been more crypto-friendly...

Economics of Sui – Value Accrual & Tokenomics Anyone can permissionlessly submit transactions to...Users have been burdened with storing their own private keys safely....If the value of the collateral falls below a certain threshold, a liquidation occurs, allowing anyone...Let’s go over what Shio and Aftermath have in store for Sui.

Unlike NFTs, which often point to off-chain data stored on Filecoin, IPFS, Arweave or even centralized...in this transaction Provide metadata for the content stored Store arbitrary data in base64 That gives...},{param}={value} The operation values are: The required parameters are: To mint a token, anyone can...

But what exactly are inscriptions, and what is their value proposition?...Ordinal Theory: The Value Proposition. How do we track rare Sats? ...Your bitcoin is stored here and used to pay for transactions....The value proposition: A decentralized and open-source indexer.

What will their business model look like and will it create sustainable token value? Humanity vs....This advantage manifests itself across scalability, market positioning, and long term value creation....practical use cases (highlighted in the visual below) not only allows Humanity to generate immediate value...Humanity never stores this data in a centralized location.