Token Trendlines #2: Bitcoin Halving. The Four Year Cycle Is Dead

Four months after the Bitcoin halving, we’re witnessing the worst price performance following any halving to date. In this piece, we explain why the halving no longer has a fundamental impact on the price of BTC and other digital assets, with the last time it had dating back to 2016. It’s time for founders and […]

Token Trendlines #1 – Fundraising Deep Dive

Since March 2024, the cryptocurrency market has seen a correction, with altcoins down >50% from peak. While the state of liquid tokens is obvious, the impact is less clear for private deals and token launches. By looking at over 2,000 deals across traditional and token sales, we found that early-stage activity and ticket sizes ($M) […]

Blockchain Development Trends Q2 2020/21

Blockchain Development Trends Report Q2 2021

In the blockchain development trends report, we analyze critical projects and protocols of the Web3 ecosystem. We identify trends such as rising commit levels, consistent commit levels, a rising number of core developers, and other related areas of development activity. In the process of conducting our research, we analyzed 4,831 individual repositories, 1,246,318 code commits, […]

Building in the Metaverse

A way to approach this is to look at the anatomy of any given instance of the Metaverse as a platform at its various levels of the stack as we have outlined below. User persona: the identity and properties of end-users, including their name, avatar, ownership of assets, reputation. End-user hardware and software: the hardware […]

Predicting the Long Term Value of NFTs; Cloud Streaming & the Metaverse

In case you haven’t come across non-fungible tokens already, here’s a short explainer: non-fungible tokens act as unique identifiers for digital items, allowing a creator to assign an unhackable string of data to a product, which is tradable via blockchain. This has multiple use-cases, but most importantly, we can now uniquely identify the owner of […]