BlockBeats Recommended Reading｜What are the authors in the editorial department watching this week?

When the market is in a downturn, we bid farewell to impetuous stories and return to the content itself. The guys at BlockBeats recommend the best articles in their hearts to readers every week, and give the reasons for the recommendation. Readers can also join the BlockBeats community and Discord to communicate and discuss together. This recommendation is only for exchange and learning, and does not make any investment advice. If you also have good articles to recommend, please contact us through the following methods.

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Recommended article: "Nvidia In the Valley "

Recommender: Jack(0x137)
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Reason for recommendation:Recently, Yingwei has become one of the hot topics for discussion one. Not just because of the latest 40-series graphics card, and its outrageous price, but also because of Nvidia's falling stock price. People who know about Nvidia's past are more worried about: Where is Nvidia going in the future?

With the merger of Ethereum, the problem of Nvidia’s past performance relying on graphics card mining has gradually been discovered , more and more media have also begun to report what Ethereum’s shift to the PoS mechanism means for Nvidia’s graphics card market (supplementary reading: Ethereum The end of the 8-year mining era: V God, China Mining, and Nvidia"). It is undeniable that the world's largest chip producer has now lost nearly one-third of the market.

In Stratechery's latest Feature article, Nvidia CEO Huang Renxun also addressed this issue He gave his own answer: "Take the hard medicine and get it behind you". As a strongman in Silicon Valley, Huang does not think that Ethereum can become the dragon-slaying sword that kills him. He believes that Nvidia still has many killers in the future. After ending the marriage with Crypto, Nvidia began to work hard again, light pursuit, AI, metaverse, who will be the next hero to save Nvidia?

Recommended articles: 《Play-to-Own: A Web3 Gaming Thesis》

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Recommender: Peter Pan

Recommendation reason:Games are not jobs, and the ability to make money through games should not be overemphasized. Play-to-Own reflects the need to align gamers and owners, and the understanding that NFT technology is all about enhancing ownership.

Specifically, the difference from P2E is that Play-to-Own will be more focused Based on interesting gameplay, a sustainable economy, and fostering a strong sense of belonging to in-game assets and IP, rather than the short-term speculative mentality of gamers. This model will allow in-game assets to truly unlock value, enable better price discovery and create a strong sense of community ownership.

Recommended articles: Is Ownership Real in the Web3 Economy

Recommender: Misaki

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Reason for recommendation:Many people think that holding governance Token means owning the ownership of this project, and holding NFT means owning ownership of the game assets in this GameFi project, which can be used and sold at will These assets, after reading this article, I have a deeper understanding of asset ownership.

First of all, holding governance Token does not really have ownership, you need to consider that you can decide this project How does Fang use the vault? Can you directly manage the money of the project party with Token? If not, then this ownership is meaningless, and the project party can run away at any time.

Secondly, due to technical limitations, the project party has to store the game assets online On the centralized server under the network, once the project party changes a code, your game assets are likely to be lost.

When building a Web3 project, you should not only think about the issue of asset chaining, the core logic is still Blockchain technology should be improved to solve trust problems and continuously increase mutual trust. To sum up, the Web2 project wrapped in the Web3 coat is not necessarily a decentralized asset. When encountering a project, it is still necessary to study and understand it carefully.

Recommended article: "State of Layer-1 Blockchains: On-Chain Fundamental Analysis》

Recommender: Fu Zhuorui

Recommendation reason: Blockchain protocols are not like traditional companies, there are already many economic theories and evaluation methods on the market. At present, VCs in the currency circle, including the coin-operated circle, are also exploring their own valuation methods. In general, the evaluation of the L1 protocol can start from the impossibility triangle. This article, as well as some articles written by other investment companies on how to value an agreement, can help readers understand which indicators are the focus of evaluating the L1 agreement, so that when new projects come, even old projects, readers can be more "valuable" "Investment" to understand which projects really have the potential for long-term development, and which ones are cutting leeks.

Recommended article: "Because of money laundering being banned, the impact of the Tornado Cash incident on Ethereum POS upgrade》

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Recommender: Zhang Wen

Reason for recommendation: Is POS upgrade really the right way for Ethereum? As mentioned at the end of this issue, "Ethereum is going downhill." More and more opinions have expressed that PoS's Ethereum may not be as good as PoW.

Recommended article: "Detailed CC0 NFT: Open source and out of control of IP》

Recommender: 0xLaughing

Reason for recommendation: In the rhythmic NFT market, CC0 is both a new thing and a commonplace. In this article, starting from the case of Mickey Mouse, in the traditional world, centralized IP owners have been “sitting and enjoying the benefits”, but in fact, people have also contributed to the value of this IP in the process of using and consuming IP. However, since copyright authorization is the core profit point in the traditional market, CC0 is not popular. If the copyright profit model is abandoned, creators will lose motivation.

In the NFT market, non-CC0 NFTs can still carry out IP monetization in the traditional way ( Such as the CryptoPunks x Tiffany joint name), but CC0's NFT has lost the traditional commercial value of IP. CC0 sacrificed the traditional IP monetization method, but in exchange for the growth of NFT holders. Is such a sacrifice worth it? CC0 has changed the production relationship and is an integral part of NFT, but its value has not been highlighted in today's early stage of the industry, but it may become the infrastructure of NFT in the future.

Recommended articles: 《Thoughts on on-chain gaming》

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Recommender: 0x76

Reason for recommendation: As mentioned in the article before, owning Token does not mean owning ownership. So how can the NFT assets of chain games be completely decentralized and realize ownership in the true sense?

Although the answer can be simplified to the core logic of the game, the real full On-chain gaming still needs to overcome many difficulties. This article is a summary of related obstacles, and it can also give a glimpse of the specific reasons why full-chain games are difficult to achieve.

The development of the industry is hindered and long, and we still need to continue to build.

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