1. If you want to introduce users to Web3, free their hands first
When we think about how to divert traffic from Web2, some people have already explored the entrance to Web2 - mobile phones. There are currently two major channels that continuously bring users to Web3, namely GameFi based on Telegram and DePin based on Solana mobile phones. The former is a reusable Web2 channel. After the CEX diversion is completed, GameFi's next hype will be aimed at dApps that are eager for traffic. Web3 mobile phones also have a broader imagination space. Mobile phones are not only a communication tool, they have become an important carrier of financial transactions. Through mobile payments and banking applications, people can manage funds, pay bills and invest in financial management anytime and anywhere, greatly improving financial convenience. At the same time, mobile phones are also the guardian of personal privacy, carrying sensitive personal data such as social records, photos, and health information. Therefore, security has become the core focus. The fingerprint recognition, facial recognition, encryption technology and other functions integrated in the device provide users with higher privacy protection and security. In such a highly digital age, mobile phones are not only tools, but also an extension of digital identity. Click to read
2. Pantera Partner: Understanding the cross-chain clearing layer Everclear
There are currently dozens of active L1s, and with the advent of rollup services, the number of L2s has exploded. Reducing the trade-offs of transferring cryptocurrencies across chains, unlocking value for all chains, improving user experience, and creating narrower spreads for users are much-needed features for the growth of users, applications, and protocols on these chains. Bridges are how users can transfer assets and liquidity across chains. This is critical to price stability on the chain and, more importantly, providing consumers with competitive spreads. Current crypto bridges face the trilemma of being fast, low-cost, and permissionless. Click to read
3. Why did the Fed choose to cut interest rates so sharply?
Jay Powell made clear what he sees as the Fed’s mission as the US economy emerges from a severe inflationary shock when he spoke at Jackson Hole last month. “We will do everything we can to support a strong labor market as we move further toward price stability,” the Fed chairman said at the foothills of the Teton mountain range in Wyoming. Click to read
4. Understand the logic of DLP, the core architecture of the AI+Web3 project Vana, in one article
At present, there are only three profitable tracks in the entire cryptocurrency circle: AI, TG and Meme, and VCs cannot enter the latter two. In addition, the cryptocurrency circle was too profitable in the last cycle. A16Z, Paradigm, and Polychain easily raised a lot of money and are waiting to invest. So now they can only squeeze into AI frantically. Therefore, from the perspective of financing digestion ability, except for the large public chains, AI has received all these funds. For example, in addition to Sahara, which I talked about with you before, Vana has just officially announced that it has obtained investment portfolios from Paradigm, Coinbase, and Polychain. Click to read
5. The impact of the Fed’s interest rate cut on Bitcoin
On September 18, 2024, the Federal Reserve cut interest rates by 50 basis points (bps), bringing the federal funds rate to a range of 4.75% to 5%. The larger-than-expected 25 bps cut indicated the Fed's deepening concerns about the health of the U.S. economy. For Bitcoin, a unique asset seen as a hedge against central bank mismanagement, this decision presents both opportunities and short-term risks. Click to read
