Despite bear market, web3 adoption is actually growing. But growth is not evenly distributed. A review of adoption status of major blockchains + 3 related investment ideas to help you position for next cycle đ Total crypto mkt cap is down 70% from a yr ago. Though dramatic, the same mkt ran up over 1000% in 2020-21. Excess & opportunism had to go bust at some point for industry to move forward. Depressing price action…
Emergency tactics for those that need it urgently right now: 1. Treat it like a project Picking yourself up from the floor is a serious endeavor. Treat it like one & commit your best. If youâd been critically injured in a car crash & landed in ER, do you want a doctor with a âI dunno I guess Iâll try somethingâ attitude, or one thatâs 120% committed to doing whatever they can to bring you…
âDonât time the marketâ is bad advice from people who didnât get the memo. Understanding market timing = making money. Period. And it doesnât have to be hard. The unfairly simple, stress-free way to time the crypto market, IQ optional đ Below Iâll discuss 3 metrics of crypto mkt timing. All are extremely easy. None require PhD in finance or crystal ball abt Fedâs next move. Theyâre based on the concept of âmarket breadthââ possibly…
Iâve had several guests on the Tascha Labs podcast in the past month to talk about their projects. In this episode youâll get my candid opinions about them, including: Socios Sweatcoin Sei Network I also talk about the outlook for the web3 sectors these projects are in, namely, fan token platforms, move-to-earn platforms, and DeFi scaling infrastructure. Enjoy! https://www.youtube.com/watch?v=npKaAHRa7B8 Â
After I wrote about my thoughts on sports fan tokens recently, Alex Dreyfus, CEO of the largest fan token platform in the world Socios, reached out.He said I was biased and some of my views were not correct. Well thatâs nice to hear :)I brought Alex on the Tascha Labs podcast to talk about his views on fan tokens and how he thinks web3 will change the century-old business model of the sports industry.This is…
An honest criticism of current web3 landscape is the lack of âreal worldâ use cases and successful applications beyond ponzi-nomic vaporware. Thatâs why on todayâs Tascha Labs podcast Iâm super excited to chat with founders of Sweatcoinâ a consumer company that has leveraged a web3 business model to get to 100 million+ users and continues to grow. If youâre a web3 founder, this is a must listen as we go through every aspect of getting…
Sports fan token prices went up 85% in past 3 mos while crypto mkt went down >10%. Are fan tokens a new ponzi or a new paradigm? How web 3.0 may disrupt the $500 billion sports industry⊠or not đ How sports industry makes money today Sports is big biz. NFL (National Football League of the US) alone made $17 billion in 2021.  Sports industry makes money in 3 main ways: selling broadcasting rights…
A while ago I wrote about the big problems of web 3.0 today. My point is the projects that help successfully solve these problems will go places. Many readers asked, âBut Tascha, what are those projects?â I figured it would be good to occasionally invite some projects that are solving big problems onto Tascha Labs podcast, to talk about what theyâre doing. These conversations arenât for endorsement, but for information gathering. My goal is to…
Crypto is more affected by US monetary policy than even US stocks. Why & what it means for your portfolio: Estimates show crypto prices have become more sensitive to US monetary contraction than stocks over past cycle, i.e. when Fed tightens it hurts crypto (a lot) more than equities. âTis ironical given prevailing narrative of crypto as a âhedgeâ against volatilities in tradFi mkts & inflation (more on this in a min). Why is crypto…
In this episode of the Tascha Labs podcast, I answer reader questions on: Challenges in DeFi scaling and user experience What it takes for NFTs to integrate real world assets How widely-adopted utility tokens may compete w/ fiat currencies Token vs stock: is there a difference anymore? Cheers! https://youtu.be/m918l_2k694 Â
This real-world business is growing 80% a year w/ a most downloaded mobile app & 100 million users. Their secret? Tokenization. 7 lessons web3 projects can learn from them on how to use tokens to drive growth without being a ponzi: Sweatcoin started in 2016 w/ a simple idea of motivating people to exercise by earning tokens from tracked steps. Earned sweatcoins can then be used to spend or get discounts on real-life goods &…
In this episode of the Tascha Labs podcast I talk about a key reason why most retail investors don’t do well in the market and a process you can adopt to improve your investing. Â https://youtu.be/xRpkBVxEMlQ Â
Todayâs problems of web3 are tomorrowâs investment opportunities. Look for projects that work to solve these 8 big problems of the industry: Adoption of new tech doesnât progress linearly. It moves in staircases: Initial innovations trigger a surge of adoptionâ> impact of those innovations subsides over time & growth flattensâ> newer innovations fix bottlenecks to enable further adoptionâ> another wave of growthâ> rinse, repeat. Web3 has climbed a few of these staircases over time. Last…
In this video I talk about: Is US near recession? Why is the market up? Is bear market over? Are utility tokens securities? What Web3 can do that Web2 cannot And more⊠Cheers! https://youtu.be/RKSCDiTlHQU  Â
Web3 will disrupt traditional industries. What would top Nasdaq & NYSE companies look like if they adopt a web3 biz model? Hereâre 35 examples: Note: These arenât the only ways to do web3/tokenization. Theyâre example ideas. Some of these are already being implemented. Others are harder to execute. But they should serve as inspiration if youâre a founder. 1. Amazon logistics Instead of large distribution centers, Use decentralized mini warehouses (e.g. your backyard) for storage…
In this episode of the Tascha Labs podcast I answer reader questions on: Does web 3 necessarily need to run on blockchain? How tokenization can lower cost & increase distribution for traditional businesses Is Helium a viable project? What will drive crypto adoption in next cycle https://youtu.be/tzmFRizsavY
5 things to look for in tokenomics (No. 4 is controversial but important): Most fungible tokens can be classified into 3 types according to their purpose: 1. Quasi-equities These tokens give holders a share of project profit, often w/ some sort of voting rights, which make them similar to stocks, except: Shareholder rights are protected by law. Quasi-equity token holder rights are protected by code. Projects tell you code = law. But code can be…
In this video I talk about: US Q2 GDP nowcasting result & what it means for monetary policy Investment framework: cost & benefit of hodling vs trading How to think about long-term vs short-term conviction in crypto What is “intrinsic value” Is there a point to web 3 if it’s not decentralized / censorship-resistant? Cheers! https://youtu.be/FH_0teU5wz4 Â
Next wave of crypto adoption will come from utility tokens of real-world companies. Why & how: Tokenization is big breakthrough of web 3. It creates huge possibilities for innovation but also opens many cans of worms. The fact that anyone can create a token to represent anything of value, and trade it w/ any other asset on an open network under common standard is something unthinkable b/f creation of public blockchains. Amazing indeed! But tokenization…
In this video I talk about: Macro outlook after the June FOMC meeting When to expect monetary policy capitulation Crypto market going forward Web 3.0’s long term potential & missing ingredient Cheers!