Viva la volatility.
ETH broke out and surged more than 26% over the past 7 days. We detailed the technicals in our latest August Chartbook. (Spoiler: ETH-BTC is now testing May 2021’s peak.)
Meanwhile, NFT mania soared to new heights. Crypto twitter went into a FOMO frenzy with the launch of Loot from Vine cofounder Dom Hofmann. Loot’s NFT drop—apparently part of an upcoming crypto game—quickly reached a 14 ETH floor. Loot buyers were also handsomely rewarded with a 10k $ALGD airdrop, which is now trading at $5+ per coin. Quite a splash indeed.
If you’re feeling the FOMO too, we dropped a can’t-miss report on NFT project Art Blocks exploring the various collections. On the podcast side, we also sat down with the founders of Star Atlas and SuperRare. Plenty of NFT and gaming alpha to dig through over the weekend.
Stay degen,
Nick
@NpappaG
Here were the highlights from this week’s research:
[Proposals] Perpetual Protocol Private Markets – Part II
[Markets/Macro] ETH Primed for Takeoff If Breakout HoldsETH Hash Rate at ATHs
[DeFi] TrueFi Leads Liquidity For Unsecured Loans
[Delphi Daily] Fiery Incentive Programs and a Silver Lining for BTC
[DAO Governance] DAO Governance Digest #2
[Delphi Daily] A Look Into This Weekend’s NFT Action
[Analyst Calls] Delphi Bi-Weekly Analyst Call (Aug 26th, 2021)
[Yield Strats] Yield Strats #25
Delphi Daily Of The Week
[Delphi Daily] L1 Performance, Funding Spikes, Options Get More Expensive
Featured Podcast
The Delphi Podcast Host Jeremy Parris is joined by Michael Wagner, Co-founder & CEO of Star Atlas. In this episode we explore not only what Star Atlas hopes to achieve in the future, but what they’ve already accomplished to date. We dive deep into the P2E weeds and imagine what a future looks like where someone could be a “space pirate” for a living. Beyond that we touch upon their upcoming TGE (token generation event) and what to expect next from the project.
The Delphi Podcast Host and GP of Delphi Ventures Tom Shaughnessy sits down with John Crain, Founder & CEO of SuperRare, a marketplace to collect and trade unique, single-edition digital artworks. The two discuss SuperRare, decentralizing the platform through community-driven curation and the $RARE token, differentiating from OpenSea, and much more!
As mentioned, we will continue to iterate on the design of our Delphi Debrief based on your feedback—so please let us know which section you enjoy the most and what else you’d like to see!