11392
J Hackworth

@jhackworth #11392

Data @ Variant
527 Follower 228 Following
What are you most excited about in crypto right now?

Encourage anyone to chime in.
Is there a way to create an NFT open edition using python? Not very familiar with typescript and would like to hook into Zora or something similar to quickly upload and create an NFT project
Excited to participate in this AMA. Come ask me any questions you have!
Really want to see more projects experimenting with AI agents on Farcaster
Minted my first Dune Dashboard NFT!

One of the biggest shifts in NFTs is that Ethereum mainnet is down to creating to only 0.5% of all new collections in August

Layer 2s are now in control with Base leading the way with ~67% of new collections and Zora in second with 29.4%
What are some under the radar trends happening in NFTs? A few that I can think of:

- More NFT trading volume is happening outside of Ethereum
-NFTs are getting more liquid (Zora, ERC404s,etc.)
-New utilities (Blackbird NFTs, Helium Mobile Subscriber, etc.)

What else?
/NFT
Prediction: Decentralized Social Applications will grow due to Decentralized AI
What are the most novel and interesting new things happening in the NFT space?
In times of chaos, DEXs thrive

Yesterday was the 3rd highest day for DEX volume with over $20.2B in trading volume.

The only other days to surpass this were the SVB Bank Run ($23.1B) and the 2021 May Flash Crash ($22.8B)
Onchain data is cool, but I also like to compare web traffic as another way to measure usage. In June, the top crypto apps were:

1) Dexscreener - 26.9M
2) Pump Fun - 8.46M
3) Uniswap - 4.5M
4) Jupiter - 4.6M
5) Polymarket - 1.4M

Yet the top site was Coinmarket Cap with 88.8M
Curious to hear what people’s favorite thing to do onchain is

https://frame.weponder.io/api/polls/5609
Signifcant L2 Adoption Milestone:

During the week of 7/8/24, L2s accounted for 50.4% of total DEX volumes, surpassing Ethereum in volume for the first time.

The rise of Base has been a major driver becoming the largest chain by DEX Txs with ~57% of the total ETH/L2 market share
Really cool frame! Would be awesome to be able to mint NFTs based on your onchain behaviors similar to Spotify Wrapped.
Ever wonder what the most expensive fee on Ethereum was?

This simple transfer of .55 ETH (~$136 at the time) had a whopping 10,668 ETH transaction fee attached to it, costing $2.6M.

If they did not send this transfer, the owner would now be holding over $41M 😵‍💫
What are the best frames/projects on Farcaster centered around using AI?
/AI
A great feature to add to Dune would be to automatically assign hex colors based on the chain/project. Wold save me hours 🙏 🙏
Today I learned that after close to four years people are still claiming the Uniswap Airdrop.

In 2024, 251 addresses have still claimed over 100k of UNI this year (~$929k)
Creating Slide Decks < Minting Slide Decks
Excited to see the emergence of dataDAOs like rdatadao which has already had over 137k addresses claim the $rDAT

DataDAOs represent a win-win for data collection:

-Businesses can collect hard-to-come-by / niche datasets

-Users are compensated & incentivized for their data
Zora Network seeing a huge spike in transactions today 👀
The number of new tokens appearing on DEXs hit an all-time high the week of 3/11.

What is even more interesting is the shift in new tokens launching on Ethereum & BNB to Solana & Base indicating a shift in where attention is happening for this current cycle
Something that would be really interesting to create: a labelled training dataset for Farcaster Casts / FIDs for supervised ML. Two possible use cases this could address:

-Detecting Spam
-Measuring qDAUs

Probably a lot fun side projects could leverage this dataset!
With frame transactions live, I created a Dune dashboard to track what’s happening with frames onchain.

Frames transactions have generated 4K+ transactions and been used by 3.3k+ addresses within the first few hours.

More to come on this!!

https://dune.com/jhackworth/frames
/Data
Going all in for this one
Last week, Zora reached an all-time high in protocol rewards with over 278 ETH earned by creators and minters.

This contributes to the overall total of more than 2.6k ETH earned since protocol rewards began.