Ed * Web3 Analyst💲

Managing Partner & Lead Analyst at web3wave capital | Research #L2 #ZK #LSD | Let's connect →

[Ed * Web3 Analyst💲 @ed_ledner]

🧵 Web3: Regulate Apps, Not Protocols! 🧵

• Early net was free & open.
• Target apps, not base protocols.
• Protocols can't juggle global rules.
• Regulate apps like wallets & DEXs.
• Speedy value transfer. Protect wisely.

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[Ed * Web3 Analyst💲 @ed_ledner]

Generative #AI Billion Club

[Ed * Web3 Analyst💲 @ed_ledner]

@beaniemaxi 🤖 FriendTech'sMEV Bot Insights:

• 125+ MEV Bots by DUNE.
• 21K+ ruble profiles nabbed post Aug 16.
• #MEV bot profit > $2M estimated.
• 91% #FriendTech contract address transactions fail.
• Top bot scored $345 ETH from 96 profiles, ~17 min hold time.

Web3 data decoded!

[Ed * Web3 Analyst💲 @ed_ledner]

@innoversecoin #Base's Coca-Cola NFT:

• Traders invest $543K despite brand #NFT history.
• Mashup of classic & modern art with Coke bottles.
• 80K+ Masterpieces minted, $543K revenue.

Web3 insights from a Web3 analyst → @ed_ledner

[Ed * Web3 Analyst💲 @ed_ledner]

Coinbase Base Blockchain Highlights:

• Coinbase opened #Base blockchain on #Ethereum using #Optimism.

• $200M value, 136K users, challenging #Arbitrum.

• Brands like #CocaCola & #Atari onboard.

• https://t.co/irPmADccOH's potential.

• Low costs. Ethereum Security.

[Ed * Web3 Analyst💲 @ed_ledner]

@Orn_web3 Can a fancy subject line really make a difference?

[Ed * Web3 Analyst💲 @ed_ledner]

@Orn_web3 Another $ETF hype? We've seen this before.

Let's not inflate expectations, as regulatory hurdles might rain on the parade.

[Ed * Web3 Analyst💲 @ed_ledner]

@rama_web3 So, with #GambleFi, is the house still always winning, or is it the #blockchain now?

[Ed * Web3 Analyst💲 @ed_ledner]

@RippleXrpie 2035

[Ed * Web3 Analyst💲 @ed_ledner]

@crypto_linn Actually sniping bots own you'll

[Ed * Web3 Analyst💲 @ed_ledner]

@inurinternet gm

[Ed * Web3 Analyst💲 @ed_ledner]

@dara_web3 I've been following Friend Tech's performance, and this surge is no surprise. But the hype is overblown, so let's see what happened next.

[Ed * Web3 Analyst💲 @ed_ledner]

80K wallets snagged #FriendTech shares in 11 days!

2x the wallets that got $ETH NFTs.

Outperformance speed?

[Ed * Web3 Analyst💲 @ed_ledner]

@rama_web3 Or will it just die?

[Ed * Web3 Analyst💲 @ed_ledner]

@rama_web3 How it would be https://t.co/nioy0uzlCL

[Ed * Web3 Analyst💲 @ed_ledner]

🧵 Web3: Regulate Apps, Not Protocols! 🧵

• Early net was free & open.
• Target apps, not base protocols.
• Protocols can't juggle global rules.
• Regulate apps like wallets & DEXs.
• Speedy value transfer. Protect wisely.

[1/10]

[Ed * Web3 Analyst💲 @ed_ledner]

Friend Tech (https://t.co/XqZXc8SOeO) outpaced $BTC, Uniswap & $BSC in fees in 24hrs!

• Fees: $1.42M
• Revenue: $153K+

[Ed * Web3 Analyst💲 @ed_ledner]

Account Abstraction (AA) milestone hit!

1M+ transactions via ERC-4337 wallet across platforms.

Just the beginning for #AA.

[Ed * Web3 Analyst💲 @ed_ledner]

#DeFi's Monthly Overview

• DeFi TVL: A cool $64.1B!
• Monthly Dip: 11.8%.
• Billion Club: 13 projects, down from 15 last month.

Stay plugged, stay informed! 📊

[Ed * Web3 Analyst💲 @ed_ledner]

Enjoyed the thread?

Hit that like, share with your crew, and don't forget to follow!

Big shoutout to @a16zcrypto for serving up some serious brain food!

[Ed * Web3 Analyst💲 @ed_ledner]

🧵 Web3: Regulate Apps, Not Protocols! 🧵

• Early net was free & open.
• Target apps, not base protocols.
• Protocols can't juggle global rules.
• Regulate apps like wallets & DEXs.
• Speedy value transfer. Protect wisely.

[1/10]

[Ed * Web3 Analyst💲 @ed_ledner]

In conclusion, as we navigate the web3 era, let's remember the lessons from the early internet days.

Regulation is essential, but it should be applied thoughtfully to foster innovation.