317904
gustav
@gdegen.eth #317904
http://degenlibrary.notion.site | http://linktr.ee/gliblik | quotes not my own
26 Follower 65 Following
'under a chain-abstracted paradigm, intangibles such as brand or 'vibes' and 'alignment' will no longer be a moat. instead, protocols will be forced to compete solely on transaction fees and liquidity.'
src: @delphi-digital
src: @delphi-digital
base really starting to dominate the l2 landscape. 70% of l2 active addresses are on @base, up from 3% early 2024.
chart: @growthepie
chart: @growthepie
the @polymarket post-election chart will be one to watch.
trump-harris has generated $1.4b in trade volume so far. polymarket's september monthly volume stands at $530m, with october's first week already exceeding $400m. curious to see if and how this activity carries over to other markets (politics, sports, business, etc).
with polymarket’s Q4 ’23 monthly average volume at $6.5m, even a 87% drop would still result in ≈10x yoy quarterly baseline growth 💪.
volume distribution chart: @blockworksres
polymarket volumes: @theblock
trump-harris has generated $1.4b in trade volume so far. polymarket's september monthly volume stands at $530m, with october's first week already exceeding $400m. curious to see if and how this activity carries over to other markets (politics, sports, business, etc).
with polymarket’s Q4 ’23 monthly average volume at $6.5m, even a 87% drop would still result in ≈10x yoy quarterly baseline growth 💪.
volume distribution chart: @blockworksres
polymarket volumes: @theblock
witnessing @polymarket grow into a platform that helps retail monetize expert knowledge across fields where it wasn't possible before. suddenly, people spending hundreds or thousands of hours building an edge in random areas can start to make money:
- maybe you are a movie geek and can make educated guesses on which movie will gross highest;
- if you follow politics closely, you might have a strong opinion on who the next party leader will be;
- perhaps your passion is climate and you will be able to predict the number of hurricanes based on historical data and current conditions;
- if you watch a few games of soccer each week, you might have an informed take on who'll win ballon d'or;
soon enough, we'll probably see tons of new markets created for an ever-increasing variety of things.
- maybe you are a movie geek and can make educated guesses on which movie will gross highest;
- if you follow politics closely, you might have a strong opinion on who the next party leader will be;
- perhaps your passion is climate and you will be able to predict the number of hurricanes based on historical data and current conditions;
- if you watch a few games of soccer each week, you might have an informed take on who'll win ballon d'or;
soon enough, we'll probably see tons of new markets created for an ever-increasing variety of things.
here are the september degen library highlights👇. you'll find the full content list @ http://degenlibrary.notion.site.
1. the separation of mind and state
@erikvoorhees writes about emerging concerns at the dawn of machine intelligence. in a future of ever-more powerful ai, who gets to control the thinking?
https://moneyandstate.com/blog/the-separation-of-mind-and-state
2. the hard thing about learning hard things
naval is credited with saying that the world rewards people who create things it can’t easily get. haseeb qureshi explores how unstructured learning can lead to asymmetrical returns.
https://haseebq.com/the-hard-thing-about-learning-hard-things/
3. bitcoin: a unique diversifier
blackrock examines bitcoin's appeal as an asset fundamentally uncorrelated to traditional asset classes.
https://blackrock.com/us/individual/literature/whitepaper/bitcoin-a-unique-diversifier.pdf
1. the separation of mind and state
@erikvoorhees writes about emerging concerns at the dawn of machine intelligence. in a future of ever-more powerful ai, who gets to control the thinking?
https://moneyandstate.com/blog/the-separation-of-mind-and-state
2. the hard thing about learning hard things
naval is credited with saying that the world rewards people who create things it can’t easily get. haseeb qureshi explores how unstructured learning can lead to asymmetrical returns.
https://haseebq.com/the-hard-thing-about-learning-hard-things/
3. bitcoin: a unique diversifier
blackrock examines bitcoin's appeal as an asset fundamentally uncorrelated to traditional asset classes.
https://blackrock.com/us/individual/literature/whitepaper/bitcoin-a-unique-diversifier.pdf
browsing rwa.xyz and learning that stellar ranks second in hosting on-chain treasuries 👀
https://app.rwa.xyz/treasuries
https://app.rwa.xyz/treasuries
topped up my lightning wallet with solana usdc. native assets, cross-chain, low fees.
well done @chainflip team 👏
well done @chainflip team 👏
a great table showcasing ≈100x swings in depin multiples
src: messari, https://messari.io/report/analyst-takeaways-token-2049-solana-breakpoint
src: messari, https://messari.io/report/analyst-takeaways-token-2049-solana-breakpoint
'in the coming economy of networked intelligence, perhaps economic flows are much less b -> b -> c and much more user -> agent -> compute network -> agent -> user.
agentic protocols are the end result. applications or service businesses with limited overhead which run primarily using on-chain resources meeting end user (or each other’s) demands in composable networks with much lower costs than traditional enterprises.'
src: https://members.delphidigital.io/feed/deai-compressed?utm_source=link&utm_medium=portal, @delphi-digital
agentic protocols are the end result. applications or service businesses with limited overhead which run primarily using on-chain resources meeting end user (or each other’s) demands in composable networks with much lower costs than traditional enterprises.'
src: https://members.delphidigital.io/feed/deai-compressed?utm_source=link&utm_medium=portal, @delphi-digital
'imagine a set of computer programs, interacting with one another acting as digital engineers. controlled by a product manager - an open source gpt. this manager tells them what code to write. they iteratively test the code, using compute resources they buy from crypto protocols such as ionet. they store their output using storage protocols such as filecoin or arweave. then sell the outputs to either other protocols or people.'
https://goodalexander.com/posts/agentic-protocols/
https://goodalexander.com/posts/agentic-protocols/
'all that matters is how much is made when correct versus how much is lost when incorrect'
https://kelxyz.substack.com/p/letters-to-the-market-1
https://kelxyz.substack.com/p/letters-to-the-market-1
'the tribes that feared fire froze in the darkness, and we will never know them'
https://moneyandstate.com/blog/the-separation-of-mind-and-state
https://moneyandstate.com/blog/the-separation-of-mind-and-state
'i see the future as a fight between apple single sign on, google single sign on, and crypto wallets. three ecosystems in an all out race to be the user’s trusted liaison – a race driven in equal parts by performance, convenience, trust, and security.'
src: @delphi-digital
src: @delphi-digital
'tokens are gasoline, not matches'
who fixes this
'gold is a meme rock'
'if i'm going to get mined, i might as well load my iphone (or future ar glasses) up with sensors to the tilt, so i can at least get paid'
'in dune, the great houses struggle over spice. to control spice is to control the universe. but here on earth, our spice is attention. and the great houses - the big tech companies - engage in a bloodless war over it.'
'the distributed incentives in crypto offer the only credible path to injecting open source software with enough fire power to combat the powerful incentives leading to closed, extractive intelligence'
'zero to one - a journey from impossible to imperfect'
'for $ton to surpass either solana’s or ethereum’s l1 + l2 current monthly active addresses they simply need to convert less than 5% of its reported ~900m mau into monthly users onchain'
'the main story is the change in the odds and the colour of the story is the insider telling why the odds went up or down'