📢 BC Insights

2020-12-19 14:18:42 Web3 thematic: The emerging valuenet and “Wallstreet API”

Maple Leaf Capital shared a new report on their Web 3 investment thesis. This includes the full stack of Web 3 including layer 0/1 (Bitcoin, Ethereum), DeFi protocols as well as applications & their potential adoption. Great actionable insights, nice illustrations, and very much up-to-date - check it out!
https://drive.google.com/file/d/1eTuhqnIfY8DW_oy-GpKARy3hBDkHPKSB/view Open / Comment

2020-12-19 01:51:35 Regulatory proposal for non-custodial wallets

The US Financial Crimes Enforcement Network has proposed a new rule extending AML regulation to "unhosted wallets." This rule would require regulated companies (banks & exchanges) to verify the name & address of non-custodial wallet users for any transaction > $3k.

Full text
public-inspection.federalregister.gov/2020-28437.pdf Open / Comment

2020-12-18 03:04:16 Compound launches Compound Chain

Compound builds Compound Chain to enable cross-chain value transfers under $COMP governance. After kicking off #DeFi2020 with the COMP token release, this lower protocol development is a pioneering move for a DeFi project which may result in a great defensibility mechanism & manifest Compound as a cross-platform leader for borrowing & lending. twitter.com/compoundfinance/status/1339660220042072064

Here's the whitepaper for Compound Chain compound.cash Open / Comment

2020-12-17 18:17:29 Never miss important insights

If you want to keep up with blockchain, crypto, DeFi and Web 3, you can check this page daily for the most recent insights from influencers, investors & top projects. We'll be adding interesting stats & dashboards in the coming days as well. This should help you get sentiment, opportunities & the most important updates from all crypto ecosystems.
https://blockchain-comparison.com/blockchain-insights/ Open / Comment

2020-12-17 18:10:00 https://twitter.com/BCComparison/status/1339510842031820800 Open / Comment

2020-12-16 13:55:33 How to analyze crypto assets

Ryan from Bankless shared a great guide what to look for in DeFi assets. This should help everyone learn how to interpret on-chain data and how to make better token bets based on the following fundamental metrics.

Marketcap
Price to sales ratio (P/S)
Token trading volume to market cap ratio (VOL/MC)
Total value locked (TVL)
Gross merchandise volume (GMV)
Revenue
Take rate

Note that these are good indicators but KPIs differ per vertical & project. It's also a great idea to follow projects closely and mark important dates to "frontrun" the crowd.
twitter.com/BanklessHQ/status/1338966817470091266 Open / Comment

2020-12-16 01:44:28 Bitcoin Magazine's 21 days of data

Yesterday, Bitcoin Magazine started showcasing different data-related projects built by the Bitcoin community. Until Genesis Day (1st January), Bitcoin Magazine will highlight 1 or more projects each day.

Mempool Space - an open-source mempool visualizer and blockchain explorer for Bitcoin which goes deeper than the "usual on-chain blockchain explorer".
Bitcoin Fee Estimation tools from whatthefee.io, bitcoiner.live and Bitmex to avoid overspending.

You can check this thread for the upcoming highlights
twitter.com/BitcoinMagazine/status/1338577571043287040 Open / Comment

2020-12-11 03:17:13 Blockchain Development Activity

https://twitter.com/avichal/status/1337088689239777281?s=09 Open / Comment

2020-12-09 17:47:27 State of Crypto & Crypto theses for 2021

Ryan Selkis, founder and CEO of the well-known blockchain research & analytics platform Messari, shared an extensive report on the state of crypto and crypto theses for 2021. This covers lots of areas in crypto and is very digestible. We've been looking forward to it for a while and will share comments and our very own theses in the coming weeks.

Make sure to check it out and build your own theses!
twitter.com/twobitidiot/status/1336319706748350464 Open / Comment

2020-12-08 19:46:00 How Central Banking increased Inequality

This post is highly relevant in regard to current money printing activities & the creation of new cryptocurrencies:
twitter.com/NickSzabo4/status/1031232173561368576

"The first ones to receive the newly created money see their incomes rise, whereas the last ones to receive the newly created money see their purchasing power decline."

"The rise in income inequality over the past 30 years has to a significant extent been the product of monetary policies fueling a series of asset price bubbles. Whenever the market booms, the share of income going to those at the very top increases. When the boom goes bust, that share drops somewhat, but then it comes roaring back even higher with the next asset bubble." Open / Comment