Why do I say that Dogs was "forced" to list on Binance? -- A brief analysis of the conspiracy of the team behind it
Many people on Twitter complained about $DOGS listing on Binance, saying: Binance was blind to list such a rubbish project; the development cost was 200,000 yuan, the valuation was 2 billion yuan, etc.
However, according to the "exchange news" mentioned by many people and the announcement of the official channel of Dogs, 5-8 million KYC users have completed the step of token deposit to CEX.
This "new user acquisition" effect is very terrifying in the web3 industry, because after all, Farcaster, an ecosystem with a valuation of 1 billion US dollars, has not yet had 1 million users, and the actual number of users may be only 100,000-200,000.
In fact, looking back, DOGS can be listed on Binance, which is actually in the step-by-step layout of the team behind it. There are several core points in this process:
1. The lowest threshold for receiving airdrops: just have a tg account (lowering the threshold for studios to start and the threshold for participation of users outside the circle)
2. "Effective" real user screening mechanism: the bonus of tg premium members, and the logic of directly depositing to the CEX KYC account
3. Early successful launch data + pre-market control make the studio profitable and can continue to increase the volume.
4. The core conspiracy: Confirmed millions of user coverage, if you don't go on, most users will deposit to competitors. If you are the largest exchange in the industry now, even if you think that most of the users already have your account, if you don't go on, these users will go to those competitors to create accounts + trade.
If it were you, you would see Dogs listed on CEX after CEX, and then the project owner would throw the data in your face, saying that xxx million users have already deposited to XXX and xxx CEX.
Would you not buy this coin?
(Note: The timeline in Figure 2 below is generated by Grok and may not be accurate)
I really don’t understand why there are still a lot of people saying that scanning WorldCoin is selling irises. Do they really think that they take a photo of the user’s irises and store it in the database? ? ? It seems that this issue has been explained many times by the official. When you use a password to register an account, the database will not directly store the plain text of your password, but the corresponding hash value.
Let’s talk about several issues of UniswapX and the development trend of the DEX track
1. Is UniswapX a paradigm innovation?
2. What roles are affected by the launch of UniswapX?
3. DEX track development narrative and competition dimension
1. Is UniswapX a paradigm innovation?
A blogger previously mentioned that the launch of UniswapX "can be called" a paradigm innovation. But this expression is not appropriate.
Because friends who have a certain understanding of the aggregator track will know that the product logic in UniswapX is almost the same as the products that @CoWSwap has implemented long ago, except for cross-chain transactions.
(UniswapX’s cross-chain trading function has not yet been launched)
The $UNI token economic model has always been a "joke" in the DeFi industry. Two days ago, @mjayceee published his ideas for improving the $UNI token economic model in the @Uniswap forum.
But I will give another idea and improvement plan through the three sections of this article:
a. Uniswap’s token dilemma
b. Uniswap’s most moatable business
c. Ways to break the situation
a, $UNI token dilemma
First of all, currently the $UNI token has only one governance interest.
Whether the Fee Switch should be opened is also the most controversial issue in the Uni community, because once the Fee Switch is opened, it will inevitably affect the income of the LP side, thereby reducing the overall liquidity of Uni, leading to a decline in transaction volume, and then further reduction of LP income. Just enter a death spiral.
What are the things bloggers in the currency circle are posting that are getting traffic now:
1. Guide to hair-raising (many people collect and repost it, but not many actually do it)
2. Fighting and quarreling, the highest level is filing a lawsuit + sending an address for crowdfunding (including but not limited to KOL-KOL, project party-project party, KOL-project party, etc.)
3. Sharing of AI tools (Are AI tools easy to use? Answer: If so)
How can Web3 game project developers build a transaction liquidity framework and business model on the chain at the lowest cost?
Author: JamesX(@0xJamesXXX) & Tim (Midaswap co-founder)
In Web3 games, the interaction between players and games is a two-way behavior of value interaction. Thanks to NFT’s encapsulation of game assets and props, props in Web3 games can not only be priced according to their utility in the game, but also Because market transactions are priced, in traditional Web2 games, game props can only be priced based on their utility in the game.
The reason why Web3 game props can be priced at a premium based on market transaction behavior is because the port of Web3 games is connected to a value Internet with basic financial infrastructure. There is free and abundant liquidity on this value Internet, so any Valuable asset targets can be fully traded and priced in this market, which allows Web3 game props to capture additional liquidity premiums.
To participate in Ape Staking mining with APY 1000%+, how should you choose among the three major platforms of ParaSpace, BendDAO, and Binance NFT? --JamesX
Author: JamesX (@0xJamesXXX)
Yuga Labs joined hands with Horizen Labs to officially launch the ApeStake.io website on December 5, and also started the one-week pre-staking phase of Ape Staking. The official Ape token staking incentives will be distributed on December 12, and based on the current pre-staking data (December 8), the expected APY income is 1000%+.
Although there are still a few days until the official mining starts, and the expected APY yield will decrease after more APE tokens and BAYC/MAYC/BAKC series NFTs participate in staking, it is still a good thing for investors and NFT collections. For everyone, Ape Staking is an investment opportunity not to be missed.
The U.S. Department of Justice is investigating SBF for market manipulation - focusing on whether SBF hedge fund trading helped trigger the collapse of LUNA in May. (The New York Times)
Blast!!! The beginning of the dark bear market in the cryptocurrency industry this year - important progress in the investigation of the Luna crash
Terra Research Forum member @FatManTerra released investigation results: The culprit that most directly caused the collapse of UST decoupled LUNA was actually Terraform Labs led by @stablekwon.
“Humans can lie, but blockchain can’t.” -- FatMan
The following is a translation of the full text of the investigation report:
The latest on-chain data reveals the root cause of UST’s devaluation in May: one entity sold over $450 million of UST on the open market in the 3 weeks leading up to the decoupling. UST began to collapse 4 days after their last sale. That entity?
Review of cryptocurrency track financing in November 2022-JaemsX
defiIgns compiled the crypto industry financing situation in November 2022, and reviewed the comparison of DeFi and NFT project financing situations in the past two years, as well as some major industry financings since 2014. There are many interesting facts. (Translated and published with authorization from defignas)
This November was the toughest month for cryptocurrency financing in two years.
Total financing fell 84% year-on-year: $850 million compared to $5.25 billion in November 2019.
First, there were 65 public financings in November, a 55% decrease compared to the same period last year.
The Web3 and infrastructure sectors accounted for the largest number of funding rounds, with#DeFiaccounting for only 11 of them.