AB updates are for informational purposes only. Do not construe any of the following as investment, financial, or other advice. You make your own decisions.
User Extractable Value (“UEV”) - Generating Utility Onchain
The big news this week in crypto was Bitcoin to it’s all time high. As of this writing, ATH is $73,738 (reached on March 14, 2024). We’re close to breaking that. Regardless of the outcome of the presidential election, crypto was center stage this cycle and will continue to be moving forward. Fairshake was one of the largest PACs in the country, forcing our industry is being heard. AI Agents are the soup de jour with the attention of Token Terminal and Luna. AI never gets tired, or needs to rest, or quits.
Below are recent studies and primary data sources to help you better understand the stablecoin market and generate UEV.
Chainanlysis debunks 33 common myths about crypto. Blockchain has the potential to democratize finance, increase economic transparency, reduce costs, and spur innovation. This report dispels 33 myths related to cryptocurrency’s safety, legitimacy, viability, and scalability.
MicroStrategy released a three year plan to issue $21B in equity and $21B in debt. AB Research recently wrote about the MicroStrategy story [hint its very impressive] and how the company is focused on financial engineering.
Pantera released their blockchain letter. It dives into AI and why its logical that they use programmable money (stablecoins). Why the fat app thesis, which includes apps integrating the full technology stack, is the new fat protocol thesis, and how to look at token value accrual.
Brian Armstrong, known for his famous memo “Coinbase is a Mission focused company” released a write up on work-life balance in an industry that is on 24/7/365.
Circle, the company behind USDC, is launching private ERC20 transfers. This framework transforms standard ERC-20 tokens into confidential wrapped versions that mask balances and transaction amounts, providing users with additional privacy protections while maintaining compliance controls.
Chainlink is launching Chainlink Runtime Environment (CRE). Developers will be able to seamlessly combine all Chainlink capabilities to create customized apps and unlock uses not bound by any chain, offchain resource, or product integration.
Truth Terminal, an AI agent that raised $50,000 from Marc Andreessen, gathered attention on social media that resulted it in being the first millionaire AI agent. It has a lot of lowbrow humor and there are definitely humans still helping it but a fun story nonetheless.
Cheers,
@Whitetail & Co
AB updates are for informational purposes only. Do not construe any of the following as investment, financial, or other advice. You make your own decisions.