Fundamentals Token Terminal

Our recent conversation with Matthew Sigel, Head of Digital Assets Research at VanEck, covers the state of Bitcoin ETFs, the growth of the broader Bitcoin ecosystem, understanding value accrual, differences in VanEck’s valuation models for Ethereum and Solana, the pros and cons of onchain data, key line items in blockchain P&Ls, and more.



VanEck is a global investment management firm with over $100 billion in assets under management as of March this year. VanEck offers a range of investment vehicles, including ETFs, mutual funds, institutional funds, separately managed accounts, and model delivery portfolios. Recognizing the transformative potential of digital assets early on, they have solidified their position as a thought leader in the space.



Make sure to leave a comment if you have any questions 🙌



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Timestamps:

00:00 Introduction

03:47 Bitcoin ETFs and the current state of institutional interest

08:59 Growth of the Bitcoin ecosystem

12:56 Bitcoin L2s

16:05 How does increased economic activity on Bitcoin affect portfolio construction and value accrual

22:39 Value creation: Ethereum vs. Solana

26:58 Will Solana L2s be a thing, or can a monolith scale?

31:00 Ethereum L2s: is it a winner takes all market?

34:22 Value accrual on Ethereum

37:27 Onchain data and accounting

47:59 Breaking down blockchain P&Ls



Crypto redefines the way businesses are built and operated.

Token Terminal gives you the tools to evaluate and track the most promising projects.



#VanEck #Bitcoin #TokenTerminal

In this episode of the Fundamentals podcast, we’re joined by Ryan Rasmussen, Senior Crypto Research Analyst at Bitwise – The world's largest crypto index fund manager.

Make sure to leave a comment if you have any questions 🙌

12 Real-World Stories of How Millions of People Are Using Crypto Services Today: https://bitwiseinvestments.com/crypto-market-insights/crypto-use-cases-12-real-world-stories-2024

The Year Ahead: 10 Crypto Predictions for 2024: https://bitwiseinvestments.com/crypto-market-insights/the-year-ahead-10-crypto-predictions-for-2024

Bitwise: https://bitwiseinvestments.com/
Bitwise on X: https://twitter.com/BitwiseInvest
Ryan on X: https://twitter.com/RasterlyRock

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💬 Join our Discord:
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📱 Follow us on Twitter:
► https://twitter.com/tokenterminal
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📩 Subscribe to our Newsletter:
► https://tokenterminal.substack.com/
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Timestamps:
00:00 Introduction
00:42 What is Bitwise?
01:40 Overview of Bitwise’s product suite
03:12 Which assets does Bitwise consider “investment grade”?
07:35 The pros and cons of a conservative approach to the market
09:00 The current state of institutional interest towards crypto
12:34 How financial advisors operate, and how it affects crypto allocations
14:01 Explaining the differences between BTC and ETH as investment assets
19:10 Thoughts on the potential Ethereum ETF
22:10 How is Bitwise educating investors and advisors in practice?
27:21 The role of onchain data in education
30:40 Current crypto use cases that Ryan finds most interesting
38:25 10 crypto predictions for 2024

...

Crypto redefines the way businesses are built and operated.
Token Terminal gives you the tools to evaluate and track the most promising projects.

#Bitwise #Crypto #Bitcoin #TokenTerminal

Tune in as Bloomberg and onchain data provider Token Terminal explore the relatively uncharted territory of onchain data. The team will talk about the sources and interpretation of this emerging form of financial data, it's unique characteristics, and how it fits into investor analysis.

Participants can expect to depart the 30-minute webinar with a better understanding of how on-chain data can be used to support and enhance their investment analysis.


Speakers:
Alex Wenham, Digital Assets Product & Strategy Lead, Bloomberg

With over 15 years of Financial Markets experience, Alex is the Global Head of Cryptocurrency Product and Digital Asset Lead at Bloomberg. Prior to this appointment Alex has been a Leader within our Sales organisation managing territories within Emerging Markets and the Nordics. Alex started his career at Bloomberg as a FX and FX Derivatives specialist working with our Sellside and Buyside clients across the UK, Middle East and Emerging Markets. Prior to joining Bloomberg, Alex worked as a FX Derivatives structurer helping corporate clients hedge FX Risk. Alex holds a double degree in Science and Commerce from Sydney University and is a FRM charter holder.


Oskari Tempakka, Head of Growth, Token Terminal

As Head of Growth at Token Terminal, Oskari oversees driving the platform's user acquisition, engagement, and retention strategies, while educating investors about crypto as an asset class. He is committed to bringing clarity and structure to the fast-paced crypto market, making it easier for investors to filter out the noise. With a background that spans data analytics, finance, and venture capital, Oskari brings a perspective well suited to deciphering the dynamics of the cryptoasset economy. Before joining Token Terminal, he worked with data analytics at Google, in Wealth Management at Nordea Private Banking, and led Wave Ventures, an early-stage venture capital fund.

View the webinar on Bloomberg: https://www.bloomberg.com/professiona...

Make sure to leave a comment if you have any questions 🙌

📊 Token Terminal platform:
► https://www.tokenterminal.com/
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💬 Join our Discord:
►   / discord  
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📱 Follow us on Twitter:
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Timestamps:
00:00⁠ Intro

⁠00:25⁠ How Token Terminal determines what crypto assets to cover

⁠05:20⁠ Breaking down crypto as an asset class: Market sectors

⁠09:58⁠ Creating financial and alternative metrics for different crypto assets

⁠15:40⁠ Not all DAOs are created equal: Understanding value capture

⁠18:03⁠ Solana vs. Ethereum: Detailed comparative analysis between projects

⁠21:39⁠ Are Crypto and TradFi metrics a like-for-like

⁠23:55⁠ How is onchain data being used by investors today?


Crypto redefines the way businesses are built and operated.
Token Terminal gives you the tools to evaluate and track the most promising projects.

#Blockchain #Crypto #Bloomberg #TokenTerminal

In this episode of the Fundamentals podcast, we’re joined by Bryan Pellegrino, the Co-Founder and CEO of LayerZero Labs – the team behind the LayerZero – an interoperability protocol that connects blockchains (50+ and counting).In this episode with Bryan, we discuss what LayerZero's core value proposition is, and why interoperability is important for the blockchain industry. We speak about the tech stack, current traction, assess market potential, and speak about value accrual.Finally, we wrap up with current challenges and growth drivers, and what the most exciting upcoming developments for LayerZero are.LayerZero: https://layerzero.network/X (Twitter): https://twitter.com/LayerZero_LabsBryan on X (Twitter): https://twitter.com/PrimordialAA
Make sure to leave a comment if you have any questions 🙌

📊 Token Terminal platform:
► https://www.tokenterminal.com/
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💬 Join our Discord:
► https://discord.com/invite/tokenterminal
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📱 Follow us on Twitter:
► https://twitter.com/tokenterminal
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📩 Subscribe to our Newsletter:
► https://tokenterminal.substack.com/
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Timestamps:
00:00 Introduction
00:18 Pudgy Penguins
02:30 What is an omnichain interoperability protocol?
04:50 Why is interoperability so important for web3?
08:55 Technically, what is LayerZero?
15:08 What makes achieving seamless interoperability hard?
22:15 How can developers integrate with LayerZero?
23:16 How are projects using LayerZero today?
26:40 Which ecosystems are seeing the most inter-chain activity?
28:03 The team at LayerZero Labs
29:43 LayerZero's economic model
31:28 Value accrual
32:31 What are the best metrics to measure and value an interoperability protocol?
34:25 What is the the TAM for LayerZero?
36:34 Is interoperability a winner-takes-all market?
41:14 The LayerZero token: Current status
43:28 Current growth drivers and challenges
44:42 A protocol needs to be opinionated
47:15 What's next for LayerZero?


Crypto redefines the way businesses are built and operated.
Token Terminal gives you the tools to evaluate and track the most promising projects.

#LayerZero #Interoperability #web3 #TokenTerminal #crypto

In today’s episode, we’re joined by Arthur Breitman, the Co-Founder of Tezos, a layer 1 blockchain.

In this episode, we focus on what sets Tezos apart from other blockchains on the market, and how they stack up in terms of performance, network activity, economics, and more. We speak about the network's current use cases, and vision for the future.

Arthur walks us through the current challenges faced, current focus areas, the state of the blockchain market today, and his vision for Tezos' future.

Tezos: https://tezos.com/
Arthur on X: https://twitter.com/ArthurB
Tezos on X: https://twitter.com/tezos

Explore Tezos data:
https://tzkt.io/
https://tzstats.com/

Make sure to leave a comment if you have any questions 🙌

📊 Token Terminal platform:
► https://www.tokenterminal.com/
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💬 Join our Discord:
► discord.gg/tokenterminal
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📱 Follow us on Twitter:
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Timestamps:
00:00 Introduction
00:30 The core problem that Tezos set out to solve
01:48 What are Tezos’s unique advantages that make it a compelling choice for developers?
03:25 The technical innovations that enable Tezos to reach 1 million TPS
05:19 Current technical bottlenecks – building a Data Availability Layer (DAL) for Tezos
07:00 Difference between Celestia DA and Tezos DAL
10:03 How the DAL affects user experience
11:37 Tezos' core strengths in the blockchain market
13:14 The main challenges facing Tezos today
15:30 What could be the catalyst for increased traction on Tezos?
19:00 The top dApps on Tezos today
21:50 Tradeoffs in blockchain design
24:07 What tools are available to analyze activity on Tezos?
25:14 What metrics and KPIs are guiding business development decisions at Tezos?
27:21 Tezos' economic model
30:25 Ensuring long-term sustainability
33:30 Quantifying the effectiveness of a store of value asset
36:30 The daily active users (DAU) metric
39:30 Growth plan: Focus areas going forward
42:02 Technological superiority: Why is it necessary?
44:22 What does success for Tezos look like?
…

Crypto redefines the way businesses are built and operated.
Token Terminal gives you the tools to evaluate and track the most promising projects.

The following content is meant purely for educational and informational purposes, and should not be relied upon as financial, investment, legal, tax, or any other professional advice.

The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating, or are invested, in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol.

None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.

#Tezos #XTZ #Blockchain #Fundamentals #Crypto #tokenterminal

In this episode of the Fundamentals podcast, I’m joined by Michael Nadeau, a crypto data and research analyst, and founder of the DeFi report.

In this episode with Michael, we explore his recent report on zkSync, and dive into the breadth of data available on Token Terminal to assess its position within the market.

We discuss the impressive growth and user retention rates of zkSync compared to other Layer 2 competitors. We cover fees, revenue, user activity, developers, trending contracts, user retention, and much more.

As we dive into the data, we touch on trends such as high stablecoin activity, developer activity, the potential impact of impending token airdrops, alternative data availability solutions, and much more!

Michael's socials:
Linkedin: https://www.linkedin.com/in/michael-a...
Twitter: https://twitter.com/JustDeauIt
The DeFi report: https://thedefireport.io/#newsletter

Token Terminal: https://tokenterminal.com/terminal

Make sure to leave a comment if you have any questions 🙌

📊 Token Terminal platform:
► https://www.tokenterminal.com/
-----------------------------------------
📱 Follow us on Twitter:
► https://twitter.com/tokenterminal
-----------------------------------------
📩 Subscribe to our Newsletter:
► https://tokenterminal.com/resources
-----------------------------------------

Timestamps:
00:00 Introduction
02:17 Key findings from the zkSync research report
06:05 User activity across different blockchains
09:17 Deep dive into the trending contracts on zkSync
14:38 Comparing DEX activity across L2s
17:46 Cohort analysis: User retention across L2s
20:53 The effect of airdrops on user retention and network growth
24:44 Bootstrapping growth with native yield: Yield-bearing L2s
28:47 How Celestia DA affects value accrual across the modular blockchain stack
31:47 zkSync's financials benchmarked against the market

…

Crypto redefines the way businesses are built and operated.
Token Terminal gives you the tools to evaluate and track the most promising projects.

The following content is meant purely for educational and informational purposes, and should not be relied upon as financial, investment, legal, tax or any other professional advice.

The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating, or are invested, in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol.

None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.

#TokenTerminal #Blockchain #zkSync #L2 #Fundamentals