Mario Nawfal

At the end of March, Axie’s userbase had dropped to just 1.5 million. This was some 45% off of all-time highs. A dominance of Earn over Play in P2E is not sustainable. To ensure long-term loyalty P2E needs to start reprioritizing the in-game experience.

Geeky and useful: Use the following dashboard to find stats of a specific DEX pool such as volume, generated fees, TVL, token prices, yield, impermanent loss, APY - t.co/Rcf7nZ1ujI

A thread on fantastic #Web3 gaming resources I’ve come along with. Feel free to recommend your favorite ones below.

Most public bitcoin miners have failed to reach their announced growth potential in recent months. Marathon, for example, has an operating hashrate of less than half the potential they announced in September 2021. And macro fears are back.

t.co/Tte5HamFIr now shows what percentage of Ethereum L1 fees are paid by L2s. A handy little way to see the growing contribution of L2s.

This week my email subscribers at NFT Tech were able to read an insider story about ENS’s rise to glory. Sign up for the next batch here: t.co/FF8TVRs0H3

Just applied for a FREE Citizenship NFT for Satoshi Island 🏝️ @satoshiisland A real private island being turned into the crypto capital of the world! To apply for yours, go to t.co/pun0z9JzBi and click on the Citizenship tab in the menu. #satoshiisland #NFT #Airdrop

#Crypto is an area where it is almost impossible to keep track of all developments. Becoming a specialist in a certain domain could be a wise step (example: core dev, layer 2’s, public goods and DeFi.).

Almost 12,000 crypto enthusiasts flooded Miami, Florida last weekend for the world’s largest crypto conference “Bitcoin 2021. Here are the key moments (a thread):

Will Smith's slap became a Memecoin dubbed Will Smith Inu. The coin generated more than $3M in trading volume, which later collapsed to zero a week later. Just a normal day in cryptoland.

Current crypto adoption in several countries: - India – 54% - Brazil – 51% - Indonesia 41% - Singapore – 30% - Europe – 20% - USA – 17% Source: Cointelegraph survey

Few tips on staying safe in #crypto! A thread…

The 19th million #BTC has been mined a few days ago. Only two million BTC left to ever be mined – by the year 2104.

The #metaverse will spawn millions of new entrepreneurs. Excited AF!

CME will be bringing both Solana (SOL) and Cardano (ADA) futures contracts. In contrast, the Bitcoin and Ethereum futures contracts offered by the CME have been very popular. Excellent news for the industry.

At ApeCoin's current price, a16z and Animoca's APECoin holdings are worth a massive ~$2B.

Twitter DMs are 1000x more effective than LinkedIn. You are less likely to be seen as a sleazy salesman when doing outreach via Twitter. Just make sure it's personalized and very well targeted, otherwise, you'll do more harm than good

Vitalik Buterin: The perception of #crypto is tarnished by people flaunting wealth. I agree.

Two biggest misconceptions around the Merge: - It will unlock tons of new ETH – It won’t. Withdrawals will come in the first hard fork following the Merge, likely 6-8 months later. - It will reduce gas fees by a lot. It won’t because it's only the consensus mechanism changing.

The total #bitcoin exposure in ProShares BITO ETF has climbed to a new all-time high above 28,000 BTC. The appetite for Bitcoin through traditional investment vehicles is increasing. Bullish.

Spots markets trading is stable lately, but Futures and options markets are predicting a high volatility period in the near term for Bitcoin. Keep calm and don’t burn yourself with leverage.

With a large proportion of control held by a select number of individuals, #DAOs are starting to resemble SPACs.

A protocol moves much more slowly than a platform. Three decades later email is still unencrypted; meanwhile, WhatsApp went from unencrypted to full encryption in a year.

Too many folks talk about #NFTs in terms of collectibles. Or fantasy creatures. That’s just sad. The potential for NFTs to change the ways we think about and participate in communities is tremendous.

The value of art does not come from its aesthetics. Instead, its value comes from its story: Its tradition, ownership changes, and its origin.

An early World Wide Web implementation NFT. A Bored Ape Yacht Club Serum, a BAYC auction at Sotheby’s. Christie’s Cryptopunks auction Virtual land NFTs The Axie gaming tokens.

Some of the most expensive NFT sales so far: The Merge artwork by anonymous artist Murat Pak. The universally famous, ‘5000 Days’ NFT by Beeple. Tyler Hobbs’ Fidenza #313.

Meta isn’t going to be a metaverse company. Meta is going to be a metaverse operating system. Watch closely.

NFTs are making further inroads into Hollywood. Actress Reese Witherspoon has partnered with the female-focused NFT project World of Women to make films and TV shows using the project's IP. Who’s next?

Europe’s largest asset management company, Amundi, of French origin, is looking to invest in the NFT space. More bull market news, please