Project Spotlight - Lunar Crush

Whilst the product is solid, the token looks like a rug pull. The reason is subpar economy design. Interesting case study.

Full post: https://twitter.com/SimplicityWeb3/status/1776996327559233962

Some huge rounds were closed last week.

We're eagerly awaiting for the week when we surpass 9-figure fundraising rounds, although that would mean the end of the bull market is close...

Advisory announcement

It's an absolute pleasure to join World of Dypians as advisors. From their impressive 55k+ DAU in closed beta, to the ease with which they've raised $2.2M already, it's pretty obvious this is already one of the best GameFi projects launching this year.

🔹 Twitter 🔸 Website 🔹

Ethereum L2s are incredibly popular. We've done a full report on them, link below, but here's how they stacked up a week ago for active wallets.

Base and zksync are fighting for 1st, whilst Linea and Arbitrum are tied for 3rd.

Full report: https://news.1rj.ru/str/SimplicityGroup/253

Exploring Polyhedra

Polyhedra solves ZK's big problem of proof-generation with deVirgo. Or, in simpler terms, it raised $45M with latest round hitting $1Bn val. So, pretty good stuff.

Full article: https://thoughts.simplicitygroup.xyz/p/exploring-polyhedra

Max TPS over last 90 days (since 28/03) shows a very interesting thing...

Immutable alone has almost as much transactions as Base and Linea whilst having 5.5k wallets compared to their combined 660k.

Bots or gamers? Full L2 report.

WTF is ERC-404?

A merge between ERC-20 and ERC-721 seems to be obvious, alas, it comes with problems. Will DN-404 come to the rescue? Wait, what is DN-404?

Full article: https://thoughts.simplicitygroup.xyz/p/erc-404

Chains and DeFi are taking the winning spots over the last 7 days; maybe this is a sign of narratives shifting back to DeFi?

The world keeps changing; as entrepreneurs we have to adapt. Understand the game, play the game.

We're getting to the 9 figure rounds... Will we get to 10 this cycle?

Exploring BNB

Is the BNB infrastructure sufficient to scale further? Does the project have capability to grow beyond current market demand?

Full article: https://thoughts.simplicitygroup.xyz/p/bnb

Meme coins are on a roll right now, with huge growth even at 9 figure market caps.

WTF is BitVM?

Everyone is talking about BRC20 but we forget about the fundamental bridge between BTC and its L2s.

Full article: https://thoughts.simplicitygroup.xyz/p/bitvm

Seems investments slowed down and Shiba raised money instead of selling tokens. Interesting week for sure.

Proto-danksharding

Tech innovation doesn't stop in the blockchain space, and there's a new sharding method on the block. Check it out here.

Full article: https://thoughts.simplicitygroup.xyz/p/proto-danksharding

Research Report - Base

Base is incredibly popular right now amongst the community, so we decided to dive deeper into it to understand why.

As usual, teamed up with Fashdele Research on this report and hope both of our communities enjoy the read.

WTF is wBTC

Wrapped Bitcoin helps people utilise the value of their Bitcoin on Ethereum, however, the system is quite outdated. We explore why.

Full article: https://thoughts.simplicitygroup.xyz/p/wbtc

The best DEX?

There is a huge choice of decentralised exchanges, but the OG Uniswap has been innovating non-stop since inception. We dive into everything, from V1 all the way to V4, to explore this beautiful tech further.

Full article: https://thoughts.simplicitygroup.xyz/p/uniswap

Assessment of DePIN Decentralization

We're embarking on a new research initiative in our pursuit of advancing thought leadership within the realm of cryptocurrency.

We begin by exploring the technology behind DePIN: analysing its degree of decentralisation, discerning its economic, social, and environmental impacts, and hurdles with implementation.

ICOs or LBPs?

What is an ICO? What is an LBP? How do they actually work? What comes next?

Full article: https://thoughts.simplicitygroup.xyz/p/icos-or-lbps

Last week's launches have been pretty sad. But, as per the last 4 cycles, the market becomes stagnant for 2 months after the halving.