You have most likely purchased public crypto assets at some point, however, the private crypto market is not accessible to the average person. Many jurisdictions require investors to be accredited before investing in private markets. In the U.S., Qualified Investor Status is largely based on income and net worth thresholds, and can also be someone with certain professional qualifications. click to read
OpenGov officially launched. Polkadot’s new fully decentralized governance model, OpenGov, introduces concurrent referendums, a community-focused governance body, and enhanced delegation flexibility for a more efficient and transparent decision-making process. XCM V3 is officially launched. This new iteration of the messaging format introduces advanced programmability, bridging capabilities to external networks, cross-chain locking, improved fee payment mechanisms, and support for NFTs. click to read
We will explore LSD-backed stablecoins that offer holders the opportunity to avoid loss costs and earn yield, while also retaining key attributes of stablecoins. click to read
These days, the “Metaverse” has ushered in another wave of small highlights: In terms of industrial policies, Hangzhou Shangcheng District released eight special support policies in one go; Shanghai issued a three-year action plan to promote the key technologies of “Metaverse”; The eight policies are favorable, focusing on cultivating the “Metaverse” industry; Shenzhen issued a document to build a digital twin pioneer city, which will be the embryonic form of the “Metaverse Shenzhen”. click to read
**Throughout history, there are many examples of commodity markets becoming more volatile due to external events. **Derivatives can serve as a broader price discovery tool, although factors outside of markets can help reduce risk for commodity-producing and consuming firms (e.g. globalization leading to more efficient shipping/transportation and networking). Additionally, derivatives can be used to better manage commodity-dependent businesses (eg, crude oil companies, precious metals, agricultural commodities). Similar opportunities exist in the Ethereum blockspace, with the development of blockspace derivatives, stakeholders can provide a better user experience, have more tools to manage their businesses, and increase blockspace price discovery s efficiency. Below we provide an overview of the current state of the Ethereum blockspace, historical analogs to traditional markets, and attempt to show key considerations for developing a blockspace derivatives market based on research by others. click to read