Smooth onboarding: ▪️ No need for wallets, touchID login ▪️ Reverse gas model, devs pay gas upfront; consumers don't need to buy ICP
Fullstack DAOs: ▪️ Smart contracts serve also web, biz + frontend logic both onchain ▪️ Protocol-level integrations with BTC & ETH, ICP contracts can function as multichain “remote controls” ▪️ NNS app, ICP's own launchpad for ICOs, ~30 DAOs live today & new launches occurring regularly ▪️ Working non-DeFi apps like @OpenChat, w/ web2 like UX + onchain capabilities
Summary: ▪️ Ecosystem still early in terms of developer adoption ▪️ UX is great --> many features currently being copied by other ecosystems ▪️ Tradeoff: more centralized e.g. when it comes to data retrieval (need to build tooling to make it on par with e.g. EVM ecosystems)
📊 Analyst Coverage (You) ▪️ Do the research aka know your domain ▪️ Interview stakeholders (users, builders, investors) ▪️ Present the insights in a well-organized dashboard
👷 Data & Distribution (Token Terminal) ▪️ Run the nodes & build the data pipeline ▪️ Standardize the raw data into comparable metrics ▪️ Make the data easily accessible to analysts & distribute their research to the world
Excited to have @JustDeauIt & The DeFi Report pioneer the Analyst Coverage layer on top of Token Terminal!
1. Jito is printing $ 2. Competitors will come after Jito's margins 3. Jito & its competitors will increase their take rates 4. To "capture" the success of Solana, investors will have to decide between SOL, JTO & other tickers