Chain Abstraction - The "end game" solution for Web3 user experience
Introduction With the rapid development of the blockchain industry especially modular solutions, creating a blockchain has become simpler than ever, even many toolkits support deploying a layer-2 in just 15 minutes, which leads to a rapid increase in the number of networks. According to data from Coingecko, the market currently has around 300 active blockchains, and if you include projects in development, this number could be over 1,000. A major consequence of this rapid increase in number is liquidity fragmentation and poor user experience.
Ethervista started as a decentralized exchange (DEX) combined with a memecoin issuance platform on Ethereum. The project's vision is to become a multichain DeFi hub with a full suite of tools to serve user needs. As a latecomer to its giant predecessors like Uniswap or SushiSwap, what strategies does Ethervista have to create a competitive advantage? In this article, we will explore the differences in the project's operating model.
SUMMARY OF 3 DAYS OF DEGENING THE#ETHERVISTASYSTEM
1 x9 bet 1 x5 bet 2 bets split more than 10 1 rug
Overall fierce 🥲 — Some bets are holding and following, continue to monitor.
$VISTA @ethervista The main project of the system, if you want to keep the trend, it must keep the price, the best is to push it past the peak or else the#vistatrend will break. I also just got on board the last adjustment day, the average price is around 20. $BONZI $CLIPPY These two projects are supported by the owner of Ethervista. But the cap is big and many people know so I don't buy anymore, I prefer to degenerate bets from nowhere. $PAINT @paintvistaeth One of the OG projects of the system. The other day the project hinted at doing nft but deleted it. I got rid of some of this one the other day when it was x9, now I just leave a little bit there. $LIME @lime_audio The project to create an audio player in the ancient y2k style has been added to the Ethervista application. This one is the x5 bet I listed above, 80% is finalized, the rest is left there for later.
$WISTA @wistaeth In terms of idea, I think this bet is really great. Its goal is to call on Microsoft to name the next version#WindowsEthervista😹 Really crazy. It is impossible for Microsoft to name Windows Ethervista, but it has a story, if it can build a community, it will be something interesting. I have only thrown half a shoe at this one, continue to observe what it does next.
—- I know that @ethervista and its ecosystem still have some weaknesses. But I really hope it succeeds, as one of the factors that pulls ETH back on track, because ETH is too bad 😹😹😹
This adjustment coincides with the biggest Typhoon Yagi event in the past 20 years.
For those who believe in the system of omens like me, there is no coincidence. It is the synchronous operation of the universe. Cause and effect are cyclical.
There is a saying “After the rain, the sky is clear again”. I believe this is an indication of the positive future of the market.
In just one evening, there were 2 investment news that I think you should pay attention to.
» The first deal is @PanteraCapital investing in @GAMEEToken for an undisclosed amount. Gamee is a game platform focusing on the Telegram ecosystem.
Notably, last May, Pantera also invested in @ton_blockchain with the announcement of their largest investment deal ever.
Along with the tap to earn wave, Telegram is becoming an onboarding channel for web3 users at an incredible speed. Whether you are an investor or a project, you should not ignore this wave.
» The second investment deal is @StoryProtocol with the amount of money poured in this round up to 80 million USD, bringing the total raised capital to 134 million USD.
StoryProtocol is a layer 1 blockchain for intellectual property - IP. This is a branch of the#RWApuzzle that has a lot of potential for development, and it is also less legal than other RWA groups. In a way, the ability to realize and put into Defi models is faster and easier.
This is also a puzzle worth paying attention to in the coming time.
I have had a very detailed analysis of StoryProtocol before. You can read it again on my personal page.
As for the TON ecosystem, there are many things I want to tell you in the next article.
When Mr.#Trumpis elected US president and puts $BTC on the list of national reserve assets, #CryptoWarNations will be activated.
Bitcoin has gone through stages from worthless assets > Small individuals > Whales > Organizations > And now to the national level.
Similar to many other types of assets, the way to control or be less affected is control supply. Will America and BlackRock become MarketMaker in this war 🤔
When the market resets like this, I want to note a few mistakes new people often make. Anyone who wants to restructure their portfolio can also take a look.
The first is buying too many coins. The insight of this action is probably not to diversify your portfolio, but because you hear, see, and shill too many coins, each coin is full of honeyed words, so every coin feels delicious. Afraid of losing the opportunity, afraid of regret, afraid that it will fly away without any goods, so every coin is scooped up, tearing apart the initial capital.
The second is to choose very general coin lines. This is related to each person's analysis, but in my personal opinion, I think we should only invest mainly in 3 groups: - One is the market's brand coin group such as BTC, ETH, LINK,... This group I often call the defensive group. The increase amplitude may not be as high as other groups, but if unfortunately it goes into a downtrend, you can still rest assured to hold it until next season.
- Second is the group of "potential lead trend" coins in the near future, or at least if you can't choose a lead trend, you must choose a coin within the trend. This group requires you to be analytical and willing to be adventurous with it.
- Third is "good memes": Actually, this group is in group 2 but I separate it into a separate section to stand out. Super cycle meme. LMAO. The crypto market would become boring and lose its sense of culture without memes.
In a season, trends rotate continuously, no two seasons are the same. If you keep choosing a generic coin line, it's quite risky. Risks in terms of both growth and your own confidence when seeing trending coins fly tirelessly.
In short, one is to choose the signature brand group, the other is to trend, or three are both.
Should I choose memecoin or technology this cycle?
While memecoin's growth has outpaced the rest of the market, the technology coin group is struggling to keep its price in a safe zone. Will this cycle be different from previous cycles? Memecoin or technology-coin? What is the optimal choice for your investment portfolio? In this article, I will analyze many aspects of this issue. Preamble The cryptocurrency market has had strong growth since the end of last year, Bitcoin increased sharply from 35,000 to 73,000 USD after the Bitcoin Spot ETF event. Top coins such as Ethereum, Chainlink, and BNB have also had a significant recovery, especially Solana.
According to some information from leaks and teases from Apple itself, the upcoming iOS 18 update will be the biggest update in history with content focusing on AI.
Last year Apple also acquired 32 companies working on AI 😂 and identified AI as a key field for many years to come.
Returning to crypto, perhaps the growth potential of the AI coin group is still there Perhaps more detailed information will be announced at WWDC2024 starting tomorrow June 10