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Recommended weekend reading: ETH or Solana's NFT; some suggestions in the bear market

Read this article in 19 Minutes
Revisit this week's hot spots: V God talks about the contradictions in thinking; find the law of cycle and structure in turbulence; bear market advice given by top investors and crypto veterans; dialogue with Web3 applications such as MetaMail

Those wonderful articles will not be forgotten because of the passage of time. For the convenience of readers to review and collect high-quality content, track the latest developments of projects, understand market conditions, and study and discuss. Rhythm BlockBeats will regularly summarize high-quality content for readers. If you have any suggestions and opinions, contributions and viewpoints, please contact us through the information at the end of this article.


"ETH or Solana's NFT: The Chicken and Egg Problem"


After the continuous turmoil in the past half month, the NFT market has returned to calm. The NFT projects on the ETH chain ushered in the cold winter of the whole week. In contrast, Opensea, the largest NFT trading platform, supports NFT transactions on the Solana chain, allowing more unique projects to come into the eyes of most people. SolanaNFT led by Okay Bear began to rise, and major social media showed mixed attitudes towards this phenomenon. Mr. Fox, the NFT columnist of Real Vision, summarized the NFT market dynamics in the past week, and conducted in-depth analysis and reflection on the "new trend" brought by Okay Bear.


《God V: The Contradictions I've Been Thinking》


“I am eager to see Ethereum become a more Bitcoin-like system that values long-term stability, including cultural stability, but realizes that achieving this will require a lot of actively coordinated short-term There is a contradiction between the two.” This article is based on V God’s views on his personal social media platform. In the development of Ethereum and encryption, what kind of unresolvable contradictions exist in V God?


《The pattern is turbulent, find the law of cycle and structure》


We are in an extraordinarily complex world now, facing the most severe supply shock since World War II, coupled with the spread of the global epidemic, we can't help but wonder if there will be an economic recession in the future. In this article, Real Vision CEO and Co-Founder Raoul Pal shares his thoughts with a wealth of information and graphics.


《In the bear market, 10 suggestions from Sequoia partners to crypto founders》


A bear market is an opportunity to expand your advantage and consolidate your position as a market leader, but you need to survive to seize this opportunity. First of all, we have to embrace the reality that the current crypto market is facing an unprecedented situation. Although the cryptocurrency has experienced several rounds of bear markets, it has never experienced a global macro-financial storm. If you’re overwhelmed right now looking at a market that’s down across the board, here are some lessons and ideas from Sequoia’s 50 years that apply equally to the crypto market.


《During the NFT bear market, what else should we pay attention to besides "laying flat"? 》


In the past few weeks, the encryption market has reached a freezing point within a year. Whether it is the collapse of UST or the "self-explosion" of the founder of Azuki, it has had a considerable impact on the market and aggravated people's hearts. panic. With the sharp drop in currency prices, most NFT players choose to "lay flat". This is also the first real bear market that the market has experienced since the NFT boom began. So during a bear market, what else can we do but lie flat? This article is translated from British Cointelegraph reporter Tom Farren's in-depth analysis of the views of NFT investment experts.


《Bear Market How to interact with 8 Layer 2 leading projects and applications at low cost? "


Gas fees have returned to a low point, and many Layer 2 projects have confirmed that they will launch Toke. This article teaches readers how to chain 8 good Layer 2 applications and track leader projects at a cost of about 50-100u during the Gas fee period.


《What enlightenment does the LUNA incident have on encrypted VC? 》


“As an early participant and advocate of DeFi, I have always believed that a decentralized currency and network needs to be supported by a decentralized financial stack. Otherwise, we can only Transferring crypto assets between custodians.” As the industry grows exponentially, crypto VCs play an increasingly important role as public beacons as the public lacks common standards that can be used to assess the legitimacy of Web3 projects. What implications does the LUNA event have for crypto VCs?


《Some suggestions from crypto veterans to newcomers in the bear market》


The next bull market will come, how will you prepare for it? For me, it's about reflecting on the past, holding and continuing to buy BTC and ETH, working on personal projects and researching new ones, and making new friends. This article is based on the opinions of Kirby Ong, a partner of PetRock Capital, on his personal social media platform. As long as we are diligent, kind, hard-working, and adapt to changes, we will succeed one day.


《You do you know? NFT can already buy land in the United States》


This article will introduce the application details of Parcel 0 NFT, the corresponding permissions of Parcel 0 NFT and Citizen NFT, and those who want to start Parcel 0 in the secondary market The "specific rights and interests represented by Parcel 0 NFT" is particularly important for buyers of NFT.


《Conversation with MetaMail: The perfect solution for Email provided by Web3.0》


MetaMail is a mailbox application that uses the advantages of Web3 to solve the problems of traditional email security and spam. Today, even though e-mail is the most widely used communication channel in the world, it still has some important unanswered questions. In this article, the author interviewed the project team of MetaMail, a Web3.0 mailbox application, and made an in-depth understanding of the project from the aspects of project introduction and positioning, development stage and focus of work, development team and financing.


《Attack on Solana NFT: DeGods710022 with deflation penalty hand》


In the NFT market, "paper hand" is used to describe investors who quickly sell NFT or panic sell when the market price falls. This word has a certain negative connotation, because it implies investment Investors do not have long-term confidence in the NFTs they purchase. For a long time, how to cultivate more diamond hands is what DeFi and NFT have been exploring. Some projects hope to influence paper hands by rewarding diamond hands, and have achieved certain results. What would be the effect of punishing paper hands? DeGods, the NFT project with the largest market value in Solana, did this experiment.


《21 projects, Bertelsmann Web3 Connect Global Demo Day new project list》


With the popularity of the Web3 concept, many Web2 entrepreneurs also choose to start businesses in the Web3 field while realizing that Web3 will develop irreversibly. From May 12th to 13th, the top investment institution Bertelsmann Investment held the two-day Web3 Connect Global Demo Day, and 21 blockchain and Web3 related projects were showcased on the Demo Day. In addition to some of the projects that everyone has more or less known about, this article screened 11 new projects and focused on introducing them to you.


《Getting started with Solana NFT: on-chain wallet, NFT trading platform and project analysis》


The Solana NFT market is gradually gaining momentum. Many users do not know how to conduct NFT transactions on Solana. This article has compiled some relevant information, hoping to be helpful to readers.


《Conversation KNN3: Web3 also needs reliable algorithms》


KNN3 Network is a dynamic user relationship graph based on algorithms, aiming to become the core infrastructure of Web3.0 and its ecological applications by providing applications with permission-free and composable relational data solutions common components. The author interviewed the KNN3 project team of the Web3.0 data analysis protocol, and conducted an in-depth understanding from the project introduction and positioning, development stage and work focus, development team and financing situation.


《Lens Protocol is online, have you interacted with these apps? 》


Lens Protocol, a Web3.0 social protocol developed by the leading DeFi protocol Aave team, was launched on Polygon on May 18, and provided Lens users who had previously signed an open letter with an official channel to mint Lens domain name NFT. A lot of discussion in the community. Still, many people don't quite understand what the Lens Protocol actually is. Is it an application or an infrastructure? How should users interact with each other?


《Chainflip Labs: A new protocol for cross-chain transactions invested by Pantera Capital | Project Introduction》


Chainflip Labs is a decentralized, trustless protocol based on Substrate. The protocol enables automatic cross-chain exchanges between different blockchains through the Automated Market Maker (AMM) model without verifying user identities. Since Chainflip Labs operates in its own isolated execution environment, most swap execution can be performed automatically by the network of validators without complex user interaction. In the future the project should make the most of this, and new features should be designed to take advantage of this to the benefit of users. This article analyzes this cross-chain transaction protocol from the aspects of working principle, token economy, team, etc.


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