Macro Trends

Currently, AI-related projects dominate the cryptocurrency market with over 70% of market interest, while the gaming sector follows with single-digit market share. This concentration of interest has led to an undervaluation of Web3 gaming's innovation and growth potential. This report aims to analyze in depth why many gaming companies entered the Web3 gaming market and why the sector has since lost momentum.

This article explores the evolution of blockchain interoperability, focusing on the current phase, Interop 3.0, which enables applications to implement customized cross-chain strategies. The article reviews the progression of interoperability from Interop 1.0 (Asset Transfer Era) to Interop 2.0 (Message Passing Era) and now to Interop 3.0, with an emphasis on full-chain application logic, interoperability owned by applications, and chain abstraction. As the blockchain ecosystem expands, applications need to develop multi-chain strategies to stay competitive and prepare the right scalability approach based on their specific business models.

As the global financial landscape continues to evolve, PayFi is emerging at the intersection of blockchain technology and payment systems, aiming to combine the efficiency of DeFi with the immediacy and convenience of modern payment solutions, transforming transaction methods. This article will delve into the reasons behind the rise of PayFi, provide an overview of the current state of its industry, highlight key cases, and explore its potential application scenarios.

This article provides an in-depth analysis of Denmark’s policy changes regarding crypto asset taxation and supervision. It covers the basic framework of the Danish tax system, main tax types, and Denmark’s tax policy and regulatory framework for cryptocurrency. The article details how Denmark will integrate unrealized cryptocurrency income into its tax system and explores key components of its crypto regulatory framework.

As we step into 2025, we continue to summon Ether's Phoenix through the evolution of Retroactive Public Goods Funding. This post outlines our plan to improve the Retro Funding mechanism, as well as the proposed scope of contributions Retro Funding will reward in 2025, with the end goal of more effectively and accurately rewarding those creating the impact on the Superchain.

This report provides key insights into the crypto derivatives market, helping investors stay informed and identify opportunities. Stay tuned for more updates every week!

The current analysis across BTC and ETH derivatives reflects a market preparing for heightened short-term volatility with a cautious but optimistic outlook for the long term. Leading up to the election, BTC and ETH derivatives exhibit contrasting trends that underscore differing market perceptions regarding each asset’s immediate stability and long-term potential.

Analysis of Polymarket's performance in the 2024 US election. Highlights its popularity, trading volume, and accuracy compared to traditional polls. Covers major bets and user profits/losses. Examines the impact of crypto prediction markets on political events.

This article, the first in a three-part series, explores the landscape of traditional payment systems, from their historical origins to modern digital transformations. As one of the most classic narratives in Web3, GameFi is gradually shifting from “play to earn” to “play for play,” focusing more on gameplay rather than financial aspects. This article will highlight the most promising Web3 game projects in 2024 across various sub-sectors that have the potential to break out and gain mainstream appeal, much like *Black Myth: Wukong*.

This article provides an in-depth analysis of the challenges and opportunities faced by the Web3 space in achieving mass adoption, with a particular focus on the efforts and results of the Telegram and TON ecosystem in attracting users, offering low-barrier experiences, and establishing sustainable business models. By comparing the successful case of WeChat Mini Programs, the article suggests improvements for the TON ecosystem in areas such as product-market fit, user acquisition strategies, and support for commercial services. The aim is to offer strategic guidance for projects in the Web3 space to achieve mass adoption.

This article takes a deep dive into the structural problems within the cryptocurrency venture capital scene, examining how large VC firms invest in infrastructure projects and the impact these investments have on the market and project valuations. It also compares the Solana and Ethereum ecosystems to assess their respective strengths and challenges, offering practical strategies and advice for both founders and investors.

The web3 growth stack feels inevitable—web3 companies need to understand their users, deeply engage them, and reach new ones. This report delves into this rapidly emerging industry, offering a comprehensive overview of the most promising web3 growth companies. It includes both publicly announced and privately shared fundraising data, providing a detailed snapshot of the industry today.

This article explains that the cryptocurrency market is on the verge of significant changes. Despite current price volatility, the underlying mechanisms continue to operate, bringing new trends and opportunities.

If software is eating the world, then tokenization of real-world assets is devouring the capital markets. The realm of real-world assets has become one of the most promising use cases for blockchain technology by putting real-world assets on-chain. Bridging the stability and value proposition of real-world assets with the innovative features and potential efficiency of blockchain technology and decentralized finance, insights and explanations are provided for some noteworthy projects.

As a form of cultural expression, meme coins need time to earn people's trust, especially in an industry that has held onto doctrines about what value is for decades. However, even without this point, meme coins hold social value, as they are an important litmus test for financial freedom.