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Daily Brief

The Blast Airdrop Opp

gm Bankless Nation, investors dumped $630 million into Blast. Are they crazy?
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Nov 30, 20233 min read
The Blast Airdrop Opp
Published on Nov 30, 2023
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gm Bankless Nation,
Investors have dumped $630 million into Blast. Are they crazy?

Today's issue ⬇️

  1. ☀️ Need to Know: Saylor Spends
    MicroStrategy adds $600M in BTC.
  2. 📊 Today in Markets: An Atom Split?
    Is Cosmos Hub headed for conflict?
  3. 🗞️ Analysis: The Blast Opportunity
    Is this TVL monster worth tossing ETH at?
  4. 🎧 Pod: Property Rights Masterclass
    An economist unpacks tokenization.
  5. 🏹 New Airdrop Hunt: Blast
    Yes, it seems insane, but is there an opportunity? 👀

p.s. Thanks to NEAR: NEAR DA is 8,000x cheaper than Ethereum DA.


Sponsor: NEAR DA
Enhancing data availability for Ethereum rollups at a fraction of the cost.

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NEED TO KNOW
Saylor's Infinite Spend
  1. 💰 Saylor doubles down again. Where is MicroStrategy getting all this cash? They just bought another $600 million worth of BTC.
  2. 🇧🇷 Brazil goes after crypto taxes. The Brazilian Senate's new income-tax regulation slaps up to a 15% tax on crypto held on intl exchanges.
  3. 🥷 KyberSwap hacker makes demands. The exploiter behind a $47 million hack has made his non-negotiable demand: a total takeover.
.  .  .
TODAY IN MARKETS
An ATOM Split?

📊 Troubled Cosmos. The Cosmos Hub (ATOM) is undergoing major changes. Token holders voted to cut ATOM inflation in half last week, but not everyone is happy: ecosystem leadership is now advocating for a chain split! Where’s the ATOM opportunity?

Prices as of 4pm ET 24hr 7d
Crypto $1.42T ↗ 0.5% 0.0%
BTC $37,751 0.0% ↗ 1.4%
ETH $2,046 ↗ 0.8% ↘ 1.1%
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ANALYSIS
The Blast Airdrop Opp
Bankless Author: Jack Inabinet

In what feels like a true return to bull market degeneracy, investors have pumped $630 million into a pre-launch L2. There's plenty of controversy surrounding the chain, but is Blast getting a bad rap?

Read the full free analysis on our website👇


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LATEST PODCAST
Property Rights Masterclass

Ryan and David are joined by economist Hernando De Soto, who asks the tantalizing question, "What is Property?"

Here's everything you want to know 👇

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AIRDROP HUNTER
Latest Update: Blast

We've added Blast to Airdrop Hunter. The much-hyped, much-critiqued, yet-to-be-launched L2 with native yield has been attracting airdrop hunters a plenty, and it's our latest addition. Check it out! 👇

.  .  .
GO BANKLESS
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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