LensLinks: Issue 58

A blockchain news roundup, brought to you by Regiment LLC

Today in LensLinks:

  • Who Lost the Least?

  • What is Collaborate-to-earn?

  • Crypto On-Chain Crime Drama

  • 4 Legislative "Predictions" for 2023

  • DeFi’s Difficult Governance Decisions Lie Ahead

  • Waves Blockchain Founder Asks Exchanges to Delist WAVES Token Derivative Trading

  • RETRO: The Decade of Blockchain 2010-2020

  • And Much, Much More...

  • Merry Christmas, Happy Hanukkah & Happy Holidays to you all - LensLinks Returns on 12/27!

QUOTABLE...

"Waves does not need waves futures markets. They are a breeding ground for FUD and making money off short positions, profitable because of it. I kindly ask all centralized exchanges to disable Waves futures markets."

- Sasha Ivanov, the founder of decentralized blockchain Waves

NOTABLE...

What a year for the coins.

Few could have predicted that Bitcoin’s bull run—which began at the end of 2020 and pulled the entire market up by its bootstraps—would have collapsed and annihilated virtually all of its gains.

Still, in a year that saw an industry-wide liquidity crisis catalyzed by the collapses of Terra’s UST stablecoin, FTX’s bankruptcy, and the ensuing contagion, some observers might say they’re lucky to still be standing.

 Metaverse & Gaming

The GameFi industry has gradually shifted from the ‘play-to-earn’ model to one where the tokenomics is secondary to fun gameplay, which some call ‘play-and-earn.’

Now, the developers of ‘Angelic,’ an upcoming Web3 title from Metaverse Game Studios, hope to pioneer a new GameFi paradigm called ‘collaborate-to-earn.’

Metaverse’s spokesperson Chris Wikel characterized the model as one which gives players “a say in the governance of games you’re enthusiastic about.”

“Now you can contribute to your favorite universe, design characters and share unforgettable experiences with friends based in a world that is partially designed and owned by you,” Wikel said.

 Blockchain, Tokens & DeFi

Security firm Harpie managed to avert a crypto robbery by simply paying a higher gas fee than the exploiter.

Crypto Trading

If you saw the returns in my crypto portfolio this year, you would take a pass on my predictions for the direction of the cryptocurrency market. So, I will stick to what I know and share some regulatory predictions for the crypto industry.

Metaverse & Gaming - A Little More...

Blockchain, Tokens & Defi - A Little More...

Crypto Trading - A Little More...

Industry Retro (How far we have come)

On January 3rd, 2009, in the wake of a global financial crisis that accelerated the growing chasm of inequality throughout world economies, a mysterious figure named Satoshi Nakamoto launched a virtual currency named Bitcoin that functioned atop what s/he called a ‘Proof of Work chain.’

In its ‘genesis block,’ Nakamoto permanently embedded a brief line of text into the data that signaled the inspiration behind the newfangled tech: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.”

ESG (Environment, Social & Governance)

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Disclaimer: This note is distributed by Regiment, LLC for informational purposes only and is sourced from publicly available media reports. It is not an investment recommendation or solicitation for any investment. The information is current as of date and subject to change. In such case Regiment, LLC does not undertake to provide any updates. Recipients must be aware that any private, alternative investments discussed are speculative in nature, often illiquid, and subject to loss of capital.