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Tokenizing Everything: Are Internet Capital Markets Crypto’s Next Frontier? | Fully Diluted with Messari Research

Messari's Unqualified Opinions

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Valuing Layer 1 Cryptocurrencies

This chapter explores a new metric called REV to assess the value of layer 1 cryptocurrencies like Solana and Ethereum. It examines the complexities of valuation methods in the crypto space and the debate around application growth and value capture, particularly in relation to Bitcoin's unique role.

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