The Death of NFTs

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

"What did what did a Zuki holders really expect out of this? Like when you have an NFT that just air drops you more NFTs, this is like the inevitable death circle," he says. "I don't think we're going to see the same like congregation of attention around PFP NFTs in the next cycle."

Sunny Aggarwal joins us to discuss how Osmosis is building the liquidity hub of Cosmos. We cover why Osmosis launched CosmWasm, how the ProtoRev module captures MEV, why Osmosis turned on the fee switch, the future of active vs passive liquidity provision, the AEZ growth strategy, ICS vs Mesh Security and more!

And as usual, we start the episode with our analyst bullpen to discuss why all FDVs aren't created equal, the end of PFP NFTs, Coinbase ETF news, Rob Leshner's new venture and more!

- -

Timestamps:

(00:00) Introduction

(01:34) Governance Updates

(08:29) Hot Seat/Cool Throne

(32:48) Interview Start: Osmosis

(36:09) Why Osmosis Launched CosmWasm

(39:35) Decentralized Stables

(43:23) What is the ProtoRev Module?

(46:55) Osmosis’ New Protocol Fee

(49:52) Balancing Incentives: Stakers vs LPs

(51:44) Active vs Passive LPs, Dynamic Fees & Toxic Flow

(1:02:39) Cosmos DEX Competition

(1:05:14) Thoughts on the Atom Economic Zone

(1:07:14) ICS vs Mesh Security

(1:13:25) “Proof of Stake Was A Mistake”

(1:21:40) ABCI++ Use Cases

- -

Follow Sunny: https://twitter.com/sunnya97

Follow Sam: https://twitter.com/swmartin19

Follow Dan: https://twitter.com/smyyguy

Follow PurplePill: https://twitter.com/purplepill3m

Follow Westie: https://twitter.com/WestieCapital

Follow Blockworks Research: https://twitter.com/blockworksres

Subscribe on YouTube: https://bit.ly/3foDS38

Subscribe on Apple: https://apple.co/3SNhUEt

Subscribe on Spotify: https://spoti.fi/3NlP1hA

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

- -

Today’s episode is brought to you by the Atom Accelerator, now offering grants to build out the ATOM economic zone! It's the perfect time to build with Cosmos and join the thriving ATOM ecosystem. With Interchain Security live, and the power of IBC connecting the interchain, builders are flocking to Cosmos. Join the ranks of Neutron, Lido, Astroport, Gitcoin, Mars and numerous other projects harnessing Cosmos’ leading infrastructure. Discover how to secure a grant from the Atom Accelerator by visiting https://www.atomaccelerator.com/ today!

- -

Resources:

Key dates and timeline for the BlackRock Spot Bitcoin ETF

https://twitter.com/hufhaus9/status/1673447437271453698

Osmosis

https://osmosis.zone/

https://twitter.com/osmosiszone

- -

Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place:

Blockworks Research: https://www.blockworksresearch.com/

Free Daily Newsletter: https://blockworks.co/newsletter

- -

Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.