NeerajBosss
Twitter: NeerajBosss 🪄Crypto Enthusiast 🚀Explorer|🗣️ Advisor | Investor X Learner | 🕵️Exploring #💥Web3 #🎮Gaming #🧑💻Metaverse.⭐🔥 Crypto Expert😎
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Top 7 Unreleased Crypto Tokens With 100x Potential In Upcoming Bull Run Don't Miss💥
A couple of exciting headlines that followed several months of bad news have generated fresh interest in $BTC and the crypto markets.If BlackRock’s filing for the first-ever spot Bitcoin ETF in the US is successful, this would open #bitcoin trading to the masses and potentially ignite a new Bitcoin rally.A clean close above the 31.500 level would make even the most ardent bears turn bullish and the price of BTC would likely skyrocket to at least 40k.Once Bitcoin settles, and money starts pouring towards altcoins, we could witness a major altcoin season. But where will money pour into (besides Ethereum)?I firmly believe that many of the most successful tokens of the next altcoin rally haven’t even been released yet. The crypto winter was the perfect time to develop some exceptional crypto-related technologies.Let’s look at the top 7 projects whose innovative solutions have attracted the impressive backing of major VCs and whose tokens could explode during the next surge. 1. LayerZero ($ZRO)Layerzero is an interoperability protocol - an omnichain - designed to connect different blockchains.Sending crypto funds between different networks can be a hassle and transferring assets via bridges requires a separate interface for each pair of chains.Layer Zero wants to create a base interoperability layer for the entire blockchain ecosystem, so a true omnichain solution.By using an Oracle and a Relayer, Layer Zero lets you easily transfer assets across multiple chains much more effectively than a bridge. It’s also more secure and cost-effective.Several established projects, such as SushiSwap, PancakeSwap, Uniswap, Trader Joe, Radiant Capital, and Hashflow, have already implemented Layer Zero as their blockchain interoperability solution.The Layer Zero team has raised $263 million from top VC funds, including Sequoia Capital, a16z, Binance Labs, Coinbase, Tiger Global, Polygon, and many others.The $ZRO token is mentioned in LayerZero’s code, so we know the token will one day exist. Although the team has not confirmed an airdrop, LayerZero airdrop is one of the most anticipated in crypto history and will likely be huge.2. zkSync ($ZKS)ZkSync is a Layer 2 protocol enabling unlimited Ethereum scaling by using zero-knowledge rollups. Its aim is to support general-purpose applications without costly gas fees and performance barriers.ZK-rollups bundle transactions into batches and execute them off-chain. They store only the minimum amount of data on-chain, making the process faster and cheaper.Finding solutions for Ethereum’s inherent scaling issues is of absolute necessity and ZK-rollups are regarded as one of the most promising technologies ready to tackle this problem.zkSync has raised $458 million from Blockchain Capital, DragonFly Capital, a15z, and numerous other funds.Once zkSync becomes fully decentralized, the blockchain will have a native token as a reward mechanism for rollup operators and staking.Just like LayerZero, ZkSync Airdrop is expected to be one of the biggest in crypto history. 3. Aztec ($AZTEC)Aztec is a layer 2 zk-rollup solution for Ethereum, focused on privacy.Aztec is an encrypted that uses Blockchain zk-rollup proofs to enable confidential transactions out of the box.Its goal is to ultimately allow developers to build fully programable, privacy-preserving smart contracts using a programming language called Noir.As Aztec’s focus on privacy is incompatible with the EVM architecture and Solidity’s semantics, the team has no plans for EVM compatibility or to support Solidity.Aztec has raised $119 million from ConsenSys, Paradigm, a16z, and other top VCs. It currently does not have a token, but a future airdrop is probable.Aztec announced the discontinuation of zk.money which enabled fully private ZK transactions, as well as Aztec Connect, the infrastructure that powered it.The team’s focus will now shift toward the development of its next-generation decentralized general-use encrypted zkRollup, and Noir — the universal language to write programs in zero knowledge. 4. CelestiaCelestia presents itself as “the first modular blockchain network, built to enable anyone to easily deploy their blockchain with minimal overhead.”It is a minimal blockchain meaning it only orders and publishes transactions but does not execute them.By separating consensus from execution, Celestia wants to enable anyone to easily deploy their blockchain without the hassle of bootstrapping a new consensus network.Celestia Labs has raised $55 million in rounds led by #Binance , Bain Capital Crypto, and Polychain Capital.The team will likely airdrop a token in the near future although this hasn’t been confirmed. To qualify you would need to learn how to set up and run a node on the Celestia network. 5. ScrollScroll is a general-purpose #zk-rollup project building a zkEVM (Zero Knowledge Ethereum Virtual Machine).A zkEVM is a technology that can execute smart contracts compatible with zero-knowledge-proof computations and existing Ethereum infrastructure. This makes it very powerful.#zkEVM preserve the security of the Ethereum network while drastically reducing the cost and improving the speed of transactions.Most early zk-rollups projects are application specific, restricted to specific crypto use-case. Scroll, on the other hand, wants to provide compatibility with any Ethereum app.Scroll has raised $80 million from Polychain Capital and other funds.Scroll Alpha Testnet is live since February. You can connect your wallet and then send your Goerli tokens between Ethereum and Scroll using the Scroll Bridge.Scroll doesn’t have a token yet, but is expected to release one later this year at the launch of its mainnet. 6. Fuel ($FUEL)Fuel network, developed by Fuel Labs, defines itself as the fastest execution layer for modular blockchains.Fuel addresses Ethereum scalability problems with a concept called modularity. This means the execution layer is separate from the data availability and consensus layer.Fuel’s goal is to provide the highest security and flexible throughput on Ethereum. To achieve this, it relies on Parallel Transaction Execution, Fuel Virtual Machine (FuelVM), and the Sway programming language.Fuel Network has raised $81 million from Blockchain Capital, Stratos Technologies, Coin Fund, and other firms. For now, the team has not confirmed the release of a token, but it’s likely to airdrop a token ahead of the launch of its mainnet.Fuel is currently in the Beta 3 testnet phase. To try the testnet, you need to install Fuel wallet and request some test ETH from the faucet. You can then try out different dApps from Fuel’s rich ecosystem. 7. ShardeumShardeum is a scalable L1 blockchain network that increases transactions per second by adding more nodes.It uses a technology called sharding to split the blockchain network into smaller networks called Shards. This distributes the computational workload to individual Shards making the network faster, more scalable, and energy efficient.Shardeum’s native utility token SHM is confirmed. It will have a maximum supply of 508 million. The Token Generation Event (TGE) is expected in Q3/Q4 of 2023.SHM will be used to pay gas fees, execute transfers, reward miners, and for other activities.The team raised over $18 million from the Spartan Group and other VCs. Zooming OutThe above projects have huge potential for the next bull run but don’t have tokens yet. This means you’re early to the party!You can try to gain free tokens by participating in tasks required for the airdrop, you can participate in a potential presale or an ICO, or you can simply wait for the tokens to become publicly available for trading.Just keep in mind that when a token is listed on an exchange after an airdrop or an ICO, its price almost always tumbles. Early investors or airdrop recipients will take profits upon listing, so don’t jump in the first day. It’s best to wait for the price to find its bottom before buying.Remember that all these projects might not succeed. Don’t go all in on a single project and continue to do your research.I will also keep an eye on these tokens and post updates in future articles Disclaimer: This content is for educational purposes only and should not be considered as financial or any other advice. Always do your own due diligence before investing your hard-earned money.Unlock the world of #crypto with me as your guide! 🚀 Follow me for expert advice, investment tips, and invaluable knowledge about the fascinating world of cryptocurrencies. Let's dive into the future together!..Follow Me for Stay Updated.
📢 Attention Binancians!
Join us for the Binance Super Meetup – a night of learning, networking, and fun!
📅 Date: November 17, 2024
🕒 Time: 4:30 PM – 9:00 PM IST
📍 Location: New Delhi, India
What to Expect:
🎤 Insights from Binance leaders
🎉 Fun activities, food, and surprises
🎁 Games & prizes with exclusive swag
🤝 Networking with fellow Binancians
👉 Register now to secure your spot and view the full agenda!
https://www.binance.com/en/events/BinanceIndiaMeetupNov24?utm_medium=Email&utm_source=CRM
Can’t wait to see you there!
#binanceIndia
Join us for the Binance Super Meetup – a night of learning, networking, and fun!
📅 Date: November 17, 2024
🕒 Time: 4:30 PM – 9:00 PM IST
📍 Location: New Delhi, India
What to Expect:
🎤 Insights from Binance leaders
🎉 Fun activities, food, and surprises
🎁 Games & prizes with exclusive swag
🤝 Networking with fellow Binancians
👉 Register now to secure your spot and view the full agenda!
https://www.binance.com/en/events/BinanceIndiaMeetupNov24?utm_medium=Email&utm_source=CRM
Can’t wait to see you there!
#binanceIndia
AAVE V2 USDT+USDC Liquidity vs FED Fund Rate
2 Significant drop in liquidity post Terra & FTX
Sep 2022:
- FED raises 75bps from 2.33% to 3.08%
- USDT & USDC liquidity dropped by $1B (-55%)
Jul 2023:
- FED raises 25bps from 5.08% to 5.33%
- USDT & USDC liquidity dropped by $380M (-33%)
Stablecoin rates in DeFi became less attractive from a risk and reward perspective as they were also offering a similar rate.
With the recent bullish sentiment in crypto, the demand for leverage has spiked, which could increase the supply and borrowing rate.
Let's see if the stablecoin liquidity and supply rate in lending protocols will go back up
2 Significant drop in liquidity post Terra & FTX
Sep 2022:
- FED raises 75bps from 2.33% to 3.08%
- USDT & USDC liquidity dropped by $1B (-55%)
Jul 2023:
- FED raises 25bps from 5.08% to 5.33%
- USDT & USDC liquidity dropped by $380M (-33%)
Stablecoin rates in DeFi became less attractive from a risk and reward perspective as they were also offering a similar rate.
With the recent bullish sentiment in crypto, the demand for leverage has spiked, which could increase the supply and borrowing rate.
Let's see if the stablecoin liquidity and supply rate in lending protocols will go back up
Analytics from IntoTheBlock about the state of the ecosystem #Optimism
Number of Holders
➖The Optimism token $OP currently has 978k holders, the highest on the network.
➖Worldcoin (WLD) follows closely with 788k holders, indicating a strong community.
➖Projects like Synthetix (SNX), Velodrome (VELO), and others show lower holder counts, suggesting room for growth and potential for increased network effects as they continue to develop and scale.
Holder Profitability
➖Worldcoin's (WLD) takes the lead here, with 59.36% of holders in profit.
➖Velodrome (VELO) and Optimism (OP) holders have a profitability of 40.82% and 39.26% respectively, an interesting area where holders may be evaluating the timing for realizing gains or reinvesting.
➖The rest of the projects depict a more challenging environment, with fewer holders in profit.
Transaction volume
➖Optimism (OP) leads the transaction volume with $41.1 million.
➖Synthetix (SNX) follows with a significant gap at $13.6 million.
➖Worldcoin (WLD) shows $8.8 million, with lesser but still notable transaction volume.
➖The rest, including Kwenta (KWENTA) and Sonne Finance (SONNE), contribute smaller amounts to the overall volume, with $0.7 million and $0.2 million, respectively.
Whale concentration
➖Extra Finance (EXTRA) has the highest whale concentration at 96.96%, indicating a significant proportion of the token is held by a small number of addresses.
➖Velodrome (VELO) follows closely with 96.2% whale concentration.
➖Other notable tokens with high whale concentration include Sonne Finance (SONNE) at 88.49%, Worldcoin (WLD) at 86.18%, and Beethoven X (BEETS) at 80.3%.
➖Optimism's native token (OP) shows a whale concentration of 68.58%, which is lower relative to other tokens in the ecosystem but still substantial.
➖Synthetix Network Token (SNX) displays the lowest concentration at 52.23%, suggesting a broader distribution among holders.
Number of Holders
➖The Optimism token $OP currently has 978k holders, the highest on the network.
➖Worldcoin (WLD) follows closely with 788k holders, indicating a strong community.
➖Projects like Synthetix (SNX), Velodrome (VELO), and others show lower holder counts, suggesting room for growth and potential for increased network effects as they continue to develop and scale.
Holder Profitability
➖Worldcoin's (WLD) takes the lead here, with 59.36% of holders in profit.
➖Velodrome (VELO) and Optimism (OP) holders have a profitability of 40.82% and 39.26% respectively, an interesting area where holders may be evaluating the timing for realizing gains or reinvesting.
➖The rest of the projects depict a more challenging environment, with fewer holders in profit.
Transaction volume
➖Optimism (OP) leads the transaction volume with $41.1 million.
➖Synthetix (SNX) follows with a significant gap at $13.6 million.
➖Worldcoin (WLD) shows $8.8 million, with lesser but still notable transaction volume.
➖The rest, including Kwenta (KWENTA) and Sonne Finance (SONNE), contribute smaller amounts to the overall volume, with $0.7 million and $0.2 million, respectively.
Whale concentration
➖Extra Finance (EXTRA) has the highest whale concentration at 96.96%, indicating a significant proportion of the token is held by a small number of addresses.
➖Velodrome (VELO) follows closely with 96.2% whale concentration.
➖Other notable tokens with high whale concentration include Sonne Finance (SONNE) at 88.49%, Worldcoin (WLD) at 86.18%, and Beethoven X (BEETS) at 80.3%.
➖Optimism's native token (OP) shows a whale concentration of 68.58%, which is lower relative to other tokens in the ecosystem but still substantial.
➖Synthetix Network Token (SNX) displays the lowest concentration at 52.23%, suggesting a broader distribution among holders.
An overview of the current #stablecoin market with IntoTheBlock
Since peaking in March 2022, the total capitalization of stablecoins has fallen over 35% from $188B to $122B.
However, the capitalization of the entire crypto market has fallen by more than 60% from $3T to $1.2T
Despite the regular FUD, capitalization of USDT is at its peak value - $84B
The more regulated USDC decreased from $55B to $25B
Due to regulatory pressure, BUSD's capitalization decreased from $23B billion to $2B and will continue to fall.
#MarketNews #BTC $BTC
Since peaking in March 2022, the total capitalization of stablecoins has fallen over 35% from $188B to $122B.
However, the capitalization of the entire crypto market has fallen by more than 60% from $3T to $1.2T
Despite the regular FUD, capitalization of USDT is at its peak value - $84B
The more regulated USDC decreased from $55B to $25B
Due to regulatory pressure, BUSD's capitalization decreased from $23B billion to $2B and will continue to fall.
#MarketNews #BTC $BTC
Top 50 Crypto Funding Rounds Raised $170M to $900M Each
Coingecko Report
Key takeaways:
- 82% of Biggest #crypto Funding Rounds Happened in 2021 or 2022
Out of the 50 biggest crypto funding rounds, 23 raises were completed in 2021 (46%) and 18 raises were in 2022 (36%). In contrast, only 2 of the top 50 crypto funding rounds were raised in 2023.
- Series B & C Raises Led the Top Crypto Funding Rounds
Series B and B1 raises were the most common type among the biggest crypto funding rounds, accounting for 17 of the top 50, or a combined $5.7 billion.
- 8 Crypto Companies Achieved the Biggest Crypto Funding Rounds Twice
Among the 42 crypto startups and companies, 8 ranked twice in the all-time biggest crypto funding rounds: FTX, Bitmain, ConsenSys, BlockFi, Dapper Labs, Amber Group, Bakkt and Alchemy Insights.
Methodology
The study examined the largest crypto startup funding rounds from 2017 to 2023, based on PitchBook data and publicly available reports as of September 27, 2023.
#crypto2023
Coingecko Report
Key takeaways:
- 82% of Biggest #crypto Funding Rounds Happened in 2021 or 2022
Out of the 50 biggest crypto funding rounds, 23 raises were completed in 2021 (46%) and 18 raises were in 2022 (36%). In contrast, only 2 of the top 50 crypto funding rounds were raised in 2023.
- Series B & C Raises Led the Top Crypto Funding Rounds
Series B and B1 raises were the most common type among the biggest crypto funding rounds, accounting for 17 of the top 50, or a combined $5.7 billion.
- 8 Crypto Companies Achieved the Biggest Crypto Funding Rounds Twice
Among the 42 crypto startups and companies, 8 ranked twice in the all-time biggest crypto funding rounds: FTX, Bitmain, ConsenSys, BlockFi, Dapper Labs, Amber Group, Bakkt and Alchemy Insights.
Methodology
The study examined the largest crypto startup funding rounds from 2017 to 2023, based on PitchBook data and publicly available reports as of September 27, 2023.
#crypto2023
about the current "crypto projects building"?
"Why so many infrastructure projects?"
"Why no consumer apps?"
"Why so much ZK random stuff?"
"Where are the users?"
"Who are we building for?"
"When does the trend reverse?"...
IT'S ALL VERY SIMPLE 🥸
1️⃣ Main rule: consumer apps are not valued at 100x, just accept that as a fact. Everyone wants big stories, big air castles, big fat-layer-thesis-shit... and that hasn't changed since 2017 and even before that. As a result, nobody builds consumer-facing apps. Why? You get less valuation premium -> less fundraising and have to do real work -> EW 🤮
💡 "Nobody likes companies with revenues: it's never enough." Well, apart from some Asian countries like Korea that love building consumer facing apps. I am not versed in their market dynamics much, but it probably does contribute to crypto usage growth for some actual use cases. Or LATAM adoption of USDT transfers. That's not air castles!
Back to the topic...
2️⃣ Over-infra focus becomes an echochamber, no new users or buyers come in, and devs just sell shovels to each other. It's an easier and more pleasant business. No hard KPIs, very vague stories, big multiples... lovely, ha?
We did this before 2016, then in 2018-19, and doing for the past year again. There is 0 new DeFi, 0 new #NFTs . It's all shovels! And it's clear why: "show me the incentives and I show you the outcome". The markets then reprice all these multiples and even infra gets hit. And that's when everyone really starts to cry. We are not there yet.
So... what do?!
3️⃣ Some realize the problem, bite the lip, and actually build usable stuff. A killer use case gets found, the narratives form, and we are off to new highs. Hopefully.
Thanks ♥️
Like & Follow Us For More
$BTC $ETH #ETH #crypto2023
"Why so many infrastructure projects?"
"Why no consumer apps?"
"Why so much ZK random stuff?"
"Where are the users?"
"Who are we building for?"
"When does the trend reverse?"...
IT'S ALL VERY SIMPLE 🥸
1️⃣ Main rule: consumer apps are not valued at 100x, just accept that as a fact. Everyone wants big stories, big air castles, big fat-layer-thesis-shit... and that hasn't changed since 2017 and even before that. As a result, nobody builds consumer-facing apps. Why? You get less valuation premium -> less fundraising and have to do real work -> EW 🤮
💡 "Nobody likes companies with revenues: it's never enough." Well, apart from some Asian countries like Korea that love building consumer facing apps. I am not versed in their market dynamics much, but it probably does contribute to crypto usage growth for some actual use cases. Or LATAM adoption of USDT transfers. That's not air castles!
Back to the topic...
2️⃣ Over-infra focus becomes an echochamber, no new users or buyers come in, and devs just sell shovels to each other. It's an easier and more pleasant business. No hard KPIs, very vague stories, big multiples... lovely, ha?
We did this before 2016, then in 2018-19, and doing for the past year again. There is 0 new DeFi, 0 new #NFTs . It's all shovels! And it's clear why: "show me the incentives and I show you the outcome". The markets then reprice all these multiples and even infra gets hit. And that's when everyone really starts to cry. We are not there yet.
So... what do?!
3️⃣ Some realize the problem, bite the lip, and actually build usable stuff. A killer use case gets found, the narratives form, and we are off to new highs. Hopefully.
Thanks ♥️
Like & Follow Us For More
$BTC $ETH #ETH #crypto2023
The Next Biggest Crypto Bull run Ever 🔥 Are you ready?😋
🚀 Exciting Times for Crypto! 📈
ETFs - Exchange Traded Funds could be a game-changer for #bitcoin ! If approved, institutions like BlackRock, Fidelity, Franklin Templeton, and more will buy $BTC in the form of shares, just like stocks. 📊
Did you know these heavyweights have filed for a Bitcoin ETF? 🤯
- BlackRock ($10T)
- Fidelity ($4.5T)
- Franklin Templeton ($1.5T)
- Invesco Galaxy ($1.5T)
- WisdomTree ($87B)
- VanEck ($61B)
- GlobalX ($40B)
- ARK Invest ($14B)
- Bitwise ($1B)
- Valkyrie ($1B)
Imagine if the #Bitcoin Spot ETF gets SEC approval! 🚀
- $17T flooding into crypto 🌊
- Market cap skyrocketing 17x 📈
- A massive bullish pump 🚀
- Unprecedented liquidity 💧
- More holders joining the crypto revolution 💪
- A positive signal for the entire crypto space 🌐
- Mass adoption on the horizon 🚀
Mark your calendars! 🗓️ The 2nd deadline for approval is 16-19th Oct. 📆 Fingers crossed for a green light.
Follow Me for updates! 🚀 #CryptoNews #BTCETF 🚀
ETFs - Exchange Traded Funds could be a game-changer for #bitcoin ! If approved, institutions like BlackRock, Fidelity, Franklin Templeton, and more will buy $BTC in the form of shares, just like stocks. 📊
Did you know these heavyweights have filed for a Bitcoin ETF? 🤯
- BlackRock ($10T)
- Fidelity ($4.5T)
- Franklin Templeton ($1.5T)
- Invesco Galaxy ($1.5T)
- WisdomTree ($87B)
- VanEck ($61B)
- GlobalX ($40B)
- ARK Invest ($14B)
- Bitwise ($1B)
- Valkyrie ($1B)
Imagine if the #Bitcoin Spot ETF gets SEC approval! 🚀
- $17T flooding into crypto 🌊
- Market cap skyrocketing 17x 📈
- A massive bullish pump 🚀
- Unprecedented liquidity 💧
- More holders joining the crypto revolution 💪
- A positive signal for the entire crypto space 🌐
- Mass adoption on the horizon 🚀
Mark your calendars! 🗓️ The 2nd deadline for approval is 16-19th Oct. 📆 Fingers crossed for a green light.
Follow Me for updates! 🚀 #CryptoNews #BTCETF 🚀
RWA Report by #RedStone and Chaos Labs: The Deep Dive into 2023 Market
Key takeaways:
1) Institutions such as JP Morgan, Goldman Sachs, and Hamilton Lane are exploring real world asset tokenization.
#MakerDAO incorporates RWA in DAI collateral, Centrifuge leads in RWA lending, while Ondo Finance and Matrixdock play the first fiddle in tokenizing exposure to short-term U.S. Treasuries
2) Gold is the second most tokenized asset regarding market capitalization in crypto, following #USD, , which is the leader. The debt market takes the third place
3) Tokenization technology has the capability to transfer tangible and intangible assets on-chain. Apart from established classes such as real estate, precious metals, and financial products, RWA tokenization extends to intangible assets like intellectual property, expanding the possibilities for creators and innovators
4) Oracles are important cogs in the RWA tokenization mechanism. They provide data feeds, which are utilized to price RWA backed tokens on various platforms and dApps.
Secondly, they ensure accurate collateral valuation for CDPs and internal redemption mechanisms of RWA protocols, which ensures fair trading
5) Collaboration between traditional finance and decentralized projects is at levels never seen before. Further adoption faces challenges, including regulatory uncertainty, however, their cooperation can address emerging issues
Full report = on Red stone finance
Follow Me ❤️ For More
Key takeaways:
1) Institutions such as JP Morgan, Goldman Sachs, and Hamilton Lane are exploring real world asset tokenization.
#MakerDAO incorporates RWA in DAI collateral, Centrifuge leads in RWA lending, while Ondo Finance and Matrixdock play the first fiddle in tokenizing exposure to short-term U.S. Treasuries
2) Gold is the second most tokenized asset regarding market capitalization in crypto, following #USD, , which is the leader. The debt market takes the third place
3) Tokenization technology has the capability to transfer tangible and intangible assets on-chain. Apart from established classes such as real estate, precious metals, and financial products, RWA tokenization extends to intangible assets like intellectual property, expanding the possibilities for creators and innovators
4) Oracles are important cogs in the RWA tokenization mechanism. They provide data feeds, which are utilized to price RWA backed tokens on various platforms and dApps.
Secondly, they ensure accurate collateral valuation for CDPs and internal redemption mechanisms of RWA protocols, which ensures fair trading
5) Collaboration between traditional finance and decentralized projects is at levels never seen before. Further adoption faces challenges, including regulatory uncertainty, however, their cooperation can address emerging issues
Full report = on Red stone finance
Follow Me ❤️ For More
5 questions to Justin, Co-Founder of Safary Platform
1) Alex: What is Safary Platform?
Justin: Safary is a community-first company rebuilding the marketing stack in #web3 starting with attribution. Web3 teams use our platform to understand their marketing CAC, channel ROI, and customer LTV.
Safary works best for websites with web3 onboarding flows (connect wallet).
In terms of analytics, we show you:
- Funnel: Visitors, Sign ups (wallet connections), on-chain purchases
- Campaign performance: ad spend, cost per wallet acquired, etc.
- Sources: wallets acquired by marketing channel, by geography, paid vs organic, and wallet provider (metamask, Coinbase, etc)
We’ve also partnered with the top 3 web3 ad networks (HypeLab, Slise, Blockchain-Ads) who give our users $1500+ in free ad credit. You can already view the results of these campaigns directly in Safary, and soon you’ll be able to launch campaigns to their network directly from our platform too.
2) Alex: How is Safary different from other analytics platforms?
Justin: Two big differences between Safary and other web3 analytics platforms:
- Partner Network: Being the leading brand in web3 growth gives us unique advantages. We have partnerships with the leading web3 user acquisition networks (ad networks, quests, etc) who provide thousands in free ad credit to our users. That means our customers acquire users for less through us than on their own.
- Privacy: We’re the only cookie-less web3 tracking platform, offering critical insights on your funnel and site performance without infringing on your users’ privacy. That means no consent banners are required. We don’t store personal data or IP addresses, nor do we use fingerprinting or cross-website tracking.
Privacy isn't just a buzz word for us. Our engineering team has years of privacy experience: our lead engineer Ricardo has a PHD in data privacy and our technical advisor Italo is among the world’s leading experts on decentralized identity and privacy, having spent 6 years as tech lead at Consensys.
Like & Follow Me for more❤️
1) Alex: What is Safary Platform?
Justin: Safary is a community-first company rebuilding the marketing stack in #web3 starting with attribution. Web3 teams use our platform to understand their marketing CAC, channel ROI, and customer LTV.
Safary works best for websites with web3 onboarding flows (connect wallet).
In terms of analytics, we show you:
- Funnel: Visitors, Sign ups (wallet connections), on-chain purchases
- Campaign performance: ad spend, cost per wallet acquired, etc.
- Sources: wallets acquired by marketing channel, by geography, paid vs organic, and wallet provider (metamask, Coinbase, etc)
We’ve also partnered with the top 3 web3 ad networks (HypeLab, Slise, Blockchain-Ads) who give our users $1500+ in free ad credit. You can already view the results of these campaigns directly in Safary, and soon you’ll be able to launch campaigns to their network directly from our platform too.
2) Alex: How is Safary different from other analytics platforms?
Justin: Two big differences between Safary and other web3 analytics platforms:
- Partner Network: Being the leading brand in web3 growth gives us unique advantages. We have partnerships with the leading web3 user acquisition networks (ad networks, quests, etc) who provide thousands in free ad credit to our users. That means our customers acquire users for less through us than on their own.
- Privacy: We’re the only cookie-less web3 tracking platform, offering critical insights on your funnel and site performance without infringing on your users’ privacy. That means no consent banners are required. We don’t store personal data or IP addresses, nor do we use fingerprinting or cross-website tracking.
Privacy isn't just a buzz word for us. Our engineering team has years of privacy experience: our lead engineer Ricardo has a PHD in data privacy and our technical advisor Italo is among the world’s leading experts on decentralized identity and privacy, having spent 6 years as tech lead at Consensys.
Like & Follow Me for more❤️
How many users are in profit or loss according to the IntoTheBlock platform:
$ETH Ethereum
In profit - 54.39%
Out of money - 42.26%
$ARB
In profit - 0.02%
Out of money - 99.51%
$OP
In profit - 24.95%
Out of money - 68.35%
#LIDO
In profit - 17.31%
Out of money - 78.69%
Link
In profit - 10.35%;
Out of money - 86.50%;
Curve
In profit - 0.43%
Out of money - 98.79%;
UNI
In profit - 10.29%;
Out of money - 88.58%;
Sushi
In profit - 0.14%
Out of money - 98.55%
1INCH
In profit - 0.09%
In losses - 98.90%
Currently, on average, only 1 out of 10 market participants have a profitable position in altcoins.
For any address with a balance of tokens, ITB identifies the average price (cost) at which those tokens were purchased and compares it current price. If Current Price > Average Cost, address is “In the Money.” If Current Price < Average Cost, address is “Out of the Money.”
This is not an accurate indicator because data from centralized exchanges and seed/private purchases is not considered ; however, this tool reflects the market trend quite well.*
$ETH Ethereum
In profit - 54.39%
Out of money - 42.26%
$ARB
In profit - 0.02%
Out of money - 99.51%
$OP
In profit - 24.95%
Out of money - 68.35%
#LIDO
In profit - 17.31%
Out of money - 78.69%
Link
In profit - 10.35%;
Out of money - 86.50%;
Curve
In profit - 0.43%
Out of money - 98.79%;
UNI
In profit - 10.29%;
Out of money - 88.58%;
Sushi
In profit - 0.14%
Out of money - 98.55%
1INCH
In profit - 0.09%
In losses - 98.90%
Currently, on average, only 1 out of 10 market participants have a profitable position in altcoins.
For any address with a balance of tokens, ITB identifies the average price (cost) at which those tokens were purchased and compares it current price. If Current Price > Average Cost, address is “In the Money.” If Current Price < Average Cost, address is “Out of the Money.”
This is not an accurate indicator because data from centralized exchanges and seed/private purchases is not considered ; however, this tool reflects the market trend quite well.*
Elon Musk's X Social Media Platform Acquires #crypto Payments License 📌
➡️ The social media platform X, formerly known as Twitter, has acquired a regulatory license that enables it to process cryptocurrency payments in the US.
🟢 The specific license is the Rhode Island Currency Transmitter License, issued to X on August 28, according to publicly available data from the Nationwide Multi-State Licensing System (NMLS).
🟢 With the license from Rhode Island, X can legally conduct activities such as “maintaining control of virtual currency or transactions in virtual currency,” both for itself and on behalf of others, an official document from the state’s Department of Business Regulation showed.
✅ X, which is now owned by Tesla CEO and #Dogecoin fan Elon Musk, has also obtained money transmitter licenses from a number of other states in recent weeks, but the Rhode Island license appears to be the only one that expressly covers crypto payments. $DOGE
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➡️ The social media platform X, formerly known as Twitter, has acquired a regulatory license that enables it to process cryptocurrency payments in the US.
🟢 The specific license is the Rhode Island Currency Transmitter License, issued to X on August 28, according to publicly available data from the Nationwide Multi-State Licensing System (NMLS).
🟢 With the license from Rhode Island, X can legally conduct activities such as “maintaining control of virtual currency or transactions in virtual currency,” both for itself and on behalf of others, an official document from the state’s Department of Business Regulation showed.
✅ X, which is now owned by Tesla CEO and #Dogecoin fan Elon Musk, has also obtained money transmitter licenses from a number of other states in recent weeks, but the Rhode Island license appears to be the only one that expressly covers crypto payments. $DOGE
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What Is Maximal Extractable Value (MEV)?
The popularity of smart contract-based applications opens loopholes for generating additional revenue due to market inefficiencies, the peculiarities of #Ethereum and other blockchain architectures, and the automatic market maker mechanism prevalent in DeFi with its inherent slippages and volatile losses.
One such loophole is MEV. MEV refers to the maximum amount of value a blockchain miner or validator can make by including, excluding, or changing the order of transactions during the block production process.
MEV occurs when the block producers in a blockchain (e.g. miners, validators) are able to extract value by arbitrarily reordering, including, or excluding transactions within a block, often to the harm of users.
How Does MEV Work?
Since each block in blockchain can only contain a limited number of transactions, block producers have full autonomy in selecting which pending transactions in the mempool—the location block producers store unconfirmed transactions off-chain—they will include in their block.
Block producers can extract additional value by taking advantage of their ability to arbitrarily reorder transactions, creating what is known as maximal-extractable value (MEV).
MEV Example (Frontrunning and Sandwich Attacks)
For example, if a large trade is spotted, a frontrunning bot can copy the user’s trade and create a transaction bundle where their transaction is processed first before the user’s trade. This moves the market price of the asset being traded, causing the user’s trade to incur a larger amount of slippage—the difference between the expected price of a trade and the actual price.
As a result, the user’s trade is executed at a suboptimal exchange rate, increasing the costs of using decentralized exchanges in the form of an “invisible fee” where fewer tokens than initially expected are received.
Sources: Chainlink, Forklog
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The popularity of smart contract-based applications opens loopholes for generating additional revenue due to market inefficiencies, the peculiarities of #Ethereum and other blockchain architectures, and the automatic market maker mechanism prevalent in DeFi with its inherent slippages and volatile losses.
One such loophole is MEV. MEV refers to the maximum amount of value a blockchain miner or validator can make by including, excluding, or changing the order of transactions during the block production process.
MEV occurs when the block producers in a blockchain (e.g. miners, validators) are able to extract value by arbitrarily reordering, including, or excluding transactions within a block, often to the harm of users.
How Does MEV Work?
Since each block in blockchain can only contain a limited number of transactions, block producers have full autonomy in selecting which pending transactions in the mempool—the location block producers store unconfirmed transactions off-chain—they will include in their block.
Block producers can extract additional value by taking advantage of their ability to arbitrarily reorder transactions, creating what is known as maximal-extractable value (MEV).
MEV Example (Frontrunning and Sandwich Attacks)
For example, if a large trade is spotted, a frontrunning bot can copy the user’s trade and create a transaction bundle where their transaction is processed first before the user’s trade. This moves the market price of the asset being traded, causing the user’s trade to incur a larger amount of slippage—the difference between the expected price of a trade and the actual price.
As a result, the user’s trade is executed at a suboptimal exchange rate, increasing the costs of using decentralized exchanges in the form of an “invisible fee” where fewer tokens than initially expected are received.
Sources: Chainlink, Forklog
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REVEALED - Robinhood became the third (official) holder of #BTC with 118,300 coins on the balance.
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Expectation Vs Reality 😉
💝Follow Me ..So You Don't Miss Any Market News & Updates Giveaway Coming Soon.❤️
$BTC
💝Follow Me ..So You Don't Miss Any Market News & Updates Giveaway Coming Soon.❤️
$BTC
BRICS Total #GDP With New Members:
🇨🇳 China: $19.37 trillion
🇮🇳 India: $3.74 trillion
🇧🇷 Brazil: $2.08 trillion
🇷🇺 Russia: $2.06 trillion
🇸🇦 Saudi Arabia: $1.06 trillion
🇦🇷 Argentina: $641 billion
🇦🇪 UAE: $499 billion
🇿🇦 South Africa: $399 billion
🇪🇬 Egypt: $387 billion
🇮🇷 Iran: $367 billion
🇪🇹 Ethiopia: $156 billion
#BRICS will control 30% of the global economy.
$BTC
🇨🇳 China: $19.37 trillion
🇮🇳 India: $3.74 trillion
🇧🇷 Brazil: $2.08 trillion
🇷🇺 Russia: $2.06 trillion
🇸🇦 Saudi Arabia: $1.06 trillion
🇦🇷 Argentina: $641 billion
🇦🇪 UAE: $499 billion
🇿🇦 South Africa: $399 billion
🇪🇬 Egypt: $387 billion
🇮🇷 Iran: $367 billion
🇪🇹 Ethiopia: $156 billion
#BRICS will control 30% of the global economy.
$BTC
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