We break down the state of the Meme economy and make comparisons to what we saw in the 2021 bull cycle. Memes on Solana have strong parallels to the NFT market on Ethereum from last cycle, especially when you compare revenue figures of the top marketplaces like pump.fun to Opensea. We give our thoughts on where we are on the timeline of meme mania and speak about the impacts memes are having on the broader crypto market. This includes methods of launching new projects by leveraging memes as a more user friendly go to market vehicle to onboard community and then adding complexity layers down the road to not off-put sentiment.
Also, when it comes to marketing narratives memes seem to be dominating the mind share so we discuss how we are approaching $NAT from a marketing perspective. Now that $NAT is weeks away from officially becoming Bitcoin’s second subsidy reward coin, how we classify this new coin is important for public perception. Some do not see $NAT as a candidate to fit within the existing market demographic of memes and rather see a new narrative formed around the coin that distinguishes it from the meme asset class due to its technical provenance to DMT and the broader mission of supplying Bitcoin miners with additional subsidy to sustain network security. We discuss our thoughts on this and also the liquidity dilemma when it comes to supporting Bitcoin assets. All sectors of the Bitcoin ecosystem are facing this problem and are actively working toward building solutions that can either bring more liquidity to Bitcoin from other chains or port Bitcoin native assets to other chains like Solana to benefit from those capital markets.
With the latest UNI airdrop, we dive into thinking through all the possible airdrops that could occur from other platforms. Uniswap has grown to a volume that has surpassed larger centralized exchanges such as Coinbase. With a decentralized exchange releasing a token to reward the behavior they want to encourage, Uniswap is poised to grow even larger. In this podcast, we break down the connection between SORA and Polkaswap. As we look for the next sector of the industry to do a parabolic run up, we speculate that the next ecosystem with high potential would be Polkadot. We also dive into the Plasm platform and we breakdown their lockdrop protocol.
The MetaZone team consisting of Corv, William and Iman come together to discuss progress on MetaZone and the entire NFT space. We make grand predictions that almost every NFT minting platform will have their own platform token to incentivize activity on their own platform. We believe in helping landowners monetize their land in a way that is sustainable while growing the value of the land in Decentraland. Ethermon has built the next meta that will allow landowners to make 20% from every sale of eggs on their land. Each egg hatches an Ethermon NFT that is able to grow and gain levels in Decentraland. We also contemplate a proper tokenomics strategy for MetaZone that will properly reward users for their activity on MetaZone. Finally we breakdown why sidechains will become a standard in the crypto industry.
On the heels of a topic Iman and William have been talking about for at least a few months, our predictions begin to show accuracy. Rarible is the first large NFT minting platform to reward the behavior they want to encourage. They released the $RARI token and airdropped it to creators and collectors with 75,000 tokens sent out weekly by participating on the platform. We explore how this will ignite a DeFi style explosion of NFT platforms. We predict the proliferation of this tactic as this is something that would be helpful in MetaZone. Not only do we think a token platform makes sense for MetaZone, but we believe generating tokens and other cryptographic assets for the underlying game itself will help increase user adoption and overall sustainability within the ecosystem.
Today we speak with Zach Burks, CEO of Mintable. We get a break down of how Zach got involved in NFTs and what brought the development of Mintable. The Mintable platform is both on the Ethereum and Zilliqa blockchain so we get a first hand look at the benefits of each platform. The DeFi ecosystem is beginning to explode which will bring millions of brand new users into the crypto space. One of the more important focus is to improve the on-boarding experience. We discuss the possibility of NFT projects launching an ERC20 token to tap into the speculative mania. What will be the implications and is it a good thing for the NFT ecosystem?
On today's podcast we speak with David Liebowitz, a founding team member of Everipedia platform of decentralized knowledge base. We go into the decision making process when making the decision between using the Ethereum network or the EOS network. We drill down into EOS and discuss the CPU and RAM tokens to be able to use and access the EOS network and use dApps built on it. DeFi is quickly propagating to the collective crypto conscience and we get David's thoughts on the the current explosion. Prediction markets are also on an upward trend and Everipedia using the PredIQt token is gaining traction.