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MR PRO | Decoding the Current State of Web3: Inflation, $ETH Staking & NFTs
Understand the real-time dynamics of inflation, the surge in Ethereum staking, and the downturn in the NFT market.
GM PRO DOers!
Another day, another opportunity to look onchain! 👀🔛⛓️
In the traditional world, we’d need to wait for earnings season 📊 to understand how businesses are doing or the FED minutes ⏳ to understand how the economy is doing.
In web3, we can look anytime we want.
It truly is amazing. 🤩
In today's 👀🔛⛓️report, we’re looking into the top 5 themes that are driving web3 right now. 🚀
Those themes include:
📉Inflation (yes, we can look onchain for this too, thanks to oracles!)
📈ETH Staking + RocketPool
📈Blockchain Gas Fees
📈Blockchain Activity (Bitcoin + Ethereum) + 📉Users
📉NFT Marketplaces + 📈Lending
There’s a lot going on in web3 right now. 🌪️
Unfortunately, the BIG things happening are not the big mainstream things.
Our themes are not about web3 gaming 🎮, social 🗣️, tickets 🎟️, etc. reaching the masses. 🌍
Not yet.
Instead they are things like macro, staking, gas fees and other things that most people in the world will simply never care about. 😴
That’s ok. It means we are early, which is exactly how we capitalize on the next big phase of the internet.
Let’s look onchain before looking onchain is cool. 😎
Let’s understand these technologies and what users are doing before the mainstream understands this stuff.
This allows us to build or invest ahead of everyone.
First on the list is inflation 💸
1. Inflation? Never Heard Of It 🤷
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