🌟 Partnership Announcement 🌟

Simplicity is joining forces with Covey, a chad Web3 powerhouse with specialities in development, incubation, advisory, investment, and more.

This partnership aims to fill in the missing pieces in our offerings to provide a comprehensive offering for all projects and their needs to go from zero to one. We look up to the value this collaboration will bring for our clients.

Market activity continues to be slower compared to the March-April period.

Your portfolio may be down by 50% but the market stays moving - a few more Initial DEX Offerings (IDOs) are planned for this week with seemingly no plans to delay.

It's not the end of the world. Give it 3 weekly candles.

The market has experienced a major downturn this week, here are some of the biggest remaining declines post market recovery.

On the other hand, numerous substantial raises have been completed over the last 7 days 🚀

Don't forget to pivot sometimes. I never knew Instagram started off as a location check-in app.

Despite the market-wide downturn, there are some big pumpers across numerous sectors.

How do we value tokens? Why is it so crucial to know that value ≠ price? Why do tokens drop by 99%?

Full article

Great post and great meme 😂

I am, at the Fed level, libertarian;
at the state level, Republican;
at the local level, Democrat; and
at the family and friends level, a socialist.

If that saying doesn’t convince you of the fatuousness of left vs. right labels, nothing will.

- Nassim Nicholas Taleb

For all the founders in our channel 😆

Some more upcoming IDOs this week.

How Yen Carry Trade caused last weeks crash

Last week, stock markets suffered their largest loss in value since the 2020 COVID crash, with over $2.9Tn being wiped out on August 2nd.

Was Japan at fault for this financial turmoil?

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

One of our clients wanted to reward users who lock tokens for longer with exponentially greater rewards, but wasn't sure on the specifics.

After contriving the minimum and maximum reward quantities as a function of time, we built this custom formula where simply changing α from 0 to 1 makes the discount go from linear to exponential, giving the client freedom to adapt the rewards based on demand with ease.

Token economics isn't just vesting schedules and TGE unlocks.