Prediction markets have a second act: hedging.
I just published a whitepaper on where institutional risk transfer on prediction markets stands today, what's holding it back, and what it will take to scale: https://t.co/XeFdgw0lQ2
We are looking to speak with web3 companies to better understand your existing financial operation processes and pain points. Feel free to reach out if this is of interest to you!
@greatmando_nft The key will be to focus on developing games that people actually love playing with tokenomics not being the primary motivator for adoption
1/ Financialized NFTs is an evolving space with huge potential. Yet, low liquidity and inadequate price discovery are key limitations to be tackled.
Here I explain its importance, bottlenecks, market landscape, and potential opportunities.
https://t.co/44kl8L2QTu
A thread🧵👀
@LieutenantPonzi@Thomas63712699@0xBanana Arbitrum (biggest L2) already has 1/3 of the TVL of Solana.
Most NFT financialization vol right now still happens on L1 cuz that's where the vast majority of high value NFTs are. Just like a lot of ERC20 vol has shifted to L2s so will NFT vol.
Nice try at trolling though👍
@arielshain_ Before they could leverage the security of Ethereum but now it's going to be a different ballgame. Also, their token is highly concentrated among insiders which presents concerns for the future security of their new chain.
@ASvanevik Battery that lasts for a week straight and a phone that remains intact when you slam it against the wall in a fit of rage
They don't make them like that anymore😆