NFTs, Mad Lads, and Solana's NFT Ecosystem

13min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

This chapter explores the speakers' interests in NFTs like board apes and Pudgy penguins, as well as their experiences with platforms and games. They discuss the popularity and value of mad lads, the switch to the backpack wallet, and the potential of Solana's NFT ecosystem. The chapter also delves into the dynamics between wallets and NFTs, marketplace dynamics, and the comparison of NFT price performance.

In this week's analyst table Dan and Sam are joined by Blockworks research analysts Matt and Pibblez to dive into the latest crypto market trends. They analyze the strong performance of NFTs Pudgy Penguins and Mad Lads, Bitcoin, and onchain perps platforms. The group also debates the valuation of Celestia, the profitability of data availability layers, and the longevity of app chains vs layer 2 solutions. Additional topics include the surge in airdrops and the craze around ordinals like Node Monkeys. Thanks for tuning in!

As always remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice.

- -

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

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

Follow Matt: https://twitter.com/MattFiebach

Follow Pibblez: https://twitter.com/0xpibblez

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/

- -

Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.

Use the link below to learn more, and use 0X20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!

Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home

- -

Timestamps

(0:00) Introduction

(1:16) Pudgy Penguins & Mad Lads Rally

(12:31) Mars Protocol Migrates to Neutron?

(19:37) DAS London Ad

(20:33) Strong Perps Token Performance

(30:00) Bitcoin Bull Performance

(34:24) Ordinal Craze

(42:27) Solana Airdrop Season & Jito Valuation

(49:23) The Celestia Valuation

- -

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.