Bitcoin (Bitcoin Name System)

• Many short .btc domains are still available
• Possible trend after BTC Ordinals
• Simplify btc wallet address

MetaMask SDK (NEW)

• Devs will be able to connect games to web3
• Companies pay tech services $100k+ a year in subscription fees (for their verification systems)
• NFT tech has made this 'FREE'
• Bullish sign for adoption

Decentralized ID Service (by Polygon)

• KYC verification in a decentralized manner
• Powered By ZK Proofs
• ZK tokens could benefit from the launch of Polygons zkEVM (March 27th)
• Opportunities can arise

Stablecoin: GHO by Aave

• Is a decentralized stablecoin
• Backed by deposits in Aave V3
• Borrow rate will be manually set by governance
• Creating a stablecoin strengthens stream of revenue
• Launch later in 2023

zkEVM

• Polygon zkEVM mainnet beta (March 27th)
• zkSync Era launched its mainnet to builders
• Scroll just released its Goerli zkEVM testnet
• ZK Tech developments are booming
• Essential component for the future of blockchains
• Ecosystem opportunities will arise

Ethereum ERC-4337 (NEW)

• Account abstraction
• Allowing wallets to operate as programmable smart contracts
• Features of a bank account
• 2FA, password recovery and more
• Simplify management and adoption (for mainstream)

Market (Reminder)

• MT Gox btc payments begin March 10th (mix of cash and crypto & different timelines for distribution)
• Ethereum Shanghai Update - unlocking staked-ETH withdrawals (very likely April instead of March)
• March 14th CPI
• March 22nd FOMC

(0x Project) Tx Relay API on Polygon and Ethereum

• Allows developers to build more intuitive user interfaces for their applications
• Protection for users
• Deep liquidity for the best execution
• Build for crypto-native users
• Robinhood Wallet: first partner to leverage the Tx Relay API

-> ease to use = more users = bullish for crypto adoption and long-term price

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Web3 commerce

• 2B+ people shop online (web2)
• 20% of all retail sales happen online
• Web3 commerce will help bring the next evolution
• NFT-gated experiences & additional revenue streams
• Better customer relationship and interaction

->Opportunity: Web3 projects focused on physical and digital goods. They are still small in relation to the potential.

MolochDAO

• DAO that funds Ethereum infrastructure projects
• Created a new crypto mixing service (zk-powered crypto mixer)
• Launched a demo of Privacy Pools
• Privacy Pools leverages zero-knowledge proofs
• Enable users to demonstrate that they are blacklisting sanctioned wallets without revealing who they are

-> Balancing Privacy and Regulation

Opensea Airdrop via Gem .xyz ?

• Opensea has lost market share to Blur
• Response from OpenSea -> fees (0%) and variable creator fees
• OS said there will be no $OS token

But there is another way how OS could reward loyal users.

• Opensea officially acquired Gem .xyz
• Gem’s v2 Beta is live
• Pro features & analytics are are live
• score and tracking activity (hint ?)
• OpenSea could realize an airdrop via Gem .xyz

If the airdrop comes this way, it will most likely reward the loyal users.
Due to the popularity of Opensea, the value of the airdrop could be significantly higher than that of Blur.

Hint: FREE MONEY opportunity.

Bitcoin 'rollups' (next trend after ordinals?)

• Sovereign rollups (theory: using Bitcoin as a data availability layer)
• Can theoretically run an #EVM & use the Bitcoin blockchain for security and data
• Sovereign rollup retains Bitcoin security for natively issued assets
• 'Research implementation' Rollkit introduced by Celestia

-> Potential to help bootstrap a healthy blockspace fee market on Bitcoin

Blockchain aggregator with a next-gen smart contract wallet

• Instadapp, has just launched Avocado
• Platform offers a unified interface for multiple blockchains, ensuring the same level of security as if the transactions were made directly on the individual blockchains
• Avocado enables to perform multi-network transactions, while connected to a single RPC (Avocado Network)
• Gas is paid in $ USDC on all networks
• Additional 20% on the gas fee - > 50% to dApp’s and 50% to $ INST Token holder


Interesting: $2B TVL in Instadapp smart contract -> MC of $ INST around $23,4M (FDV $130M)

-> $ INST has one of the lowest MC to TVL ratio in DeFi

Simplification + Low MC + backed by investors (like Coinbase V.) = worth watching

Market

• Fed’s monetary policy targeted consumer spending, wage growth, and the job market but hit the banking sector instead
• Fed encouraged banks to buy government bonds at inflated prices, but due to rate hikes and QT, those prices have deflated causing losses for smaller banks
• Depositor withdrawals have turned unrealized losses into realized losses for smaller banks
• Economy added 311,000 jobs in February but the unemployment rate ticked up to 3.6%
• Wages rose by 0.2% in February and are up 4.6% from a year ago

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