Weekly Recommended Reading

Huobi发布于2022-07-29更新于2022-08-01

文章摘要

Weekly Recommended Reading

1.ETH

Vitalik Buterin – “Merge Isn’t Priced In Yet”, What It Means For Ethereum (ETH) Price

Ethereum co-founder Vitalik Buterin in an interview said “the merge is not priced in” until it happens, not just for market terms but also for psychological and narrative terms. The highly-awaited Merge is most likely to occur on September 19 and will not immediately be a complete PoS transition with the merge of Ethereum Mainnet and Beacon Chain.

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a16z: What the Merge Means for Ethereum ?

Ethereum’s biggest-ever upgrade — the move to a proof-of-stake consensus mechanism — is right around the corner. But while the Merge should add security and sustainability, it doesn’t include sharding, the long-anticipated method of scaling the network.

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2.Layer2

The Layer-2 Wars could be the next big trend in crypto leading up to The Merge

DeFi analyst and YouTuber Patrick Dynamo DeFi, highlighted Monday several exciting trends in the world of DeFi, including the rise of the “L2 wars.” Over the past week, revenue for Polygon, Optimism, and Arbitrum, popular scaling solutions for Ethereum, were up 36% – 54% following Ethereum’s price rally.

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3.WEB3

Why Web3 is Needed More than Ever

The world is literally on fire. Europe, Asia and parts of America have all experienced record temperatures this summer, causing wildfires and devastation.

The world economy too, is running hotter than anytime in living memory. War wages in Europe, inflation continues to climb, energy supplies are dwindling, and food shortages are becoming the norm.

Last, but certainly not least, civil rights are in retreat. Women’s autonomy is under threat–half the world’s female population lack the ability to make choices about their own bodies–and democracy has been in decline in every continent for over a decade. The outlook for humanity is grim.

But amidst this backdrop represents a unique opportunity. An opportunity for Web3 to step forward and help re-imagine the world as we know it.

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4.GameFi

Delphi Digital: What Will the Future of (Crypto) Gaming Look Like?

It’s no secret by now that most gamers hate crypto. We’ve witnessed heavy community backlash around announcements such as Ubisoft Quartz and even more recently with Dr DisRespect’s Midnight Society. Video game commentators such as Asmongold, Josh Strife Hayes, and many more continue to hound the sector—often with good reason. Perhaps you’re surprised to hear a crypto-native company admit this, but we understand where the sentiment comes from and believe there are grounds for it. As a team of gamers and some of the earliest supporters of blockchain games, the dismissal of a space we care for so much caught us off guard. Initially, we assumed it was a case of people not understanding the benefits that crypto could bring to gaming. In time we’ve listened, debated, and listened some more.

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5.Tokenomics

Airdrops are Mostly Fool’s Gold…But They Have Their Uses

Data From Nine Major Airdrops Show That Rewarding Core Users Has Delivered The Best Results.

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SpaceX、OpenAI、Anthropic连续上市,市场真的吃得下吗?

## 摘要 本文探讨了SpaceX、OpenAI和Anthropic三家科技巨头在短期内接连寻求上市,市场能否消化其巨额融资需求的问题。 **核心数据与现状:** - **SpaceX**:已以每股135美元上市,募资750亿美元,估值达1.77万亿美元。招股获超额认购,首日市值突破2.1万亿美元,显示强劲需求。 - **OpenAI**:目标估值约1万亿美元,但财务状况面临挑战,据分析处于亏损状态,市场对其短期内完成IPO持谨慎态度。 - **Anthropic**:财务表现相对最佳,增长迅猛,并预计在上市前实现首次季度运营盈利,估值近万亿美元。 三家IPO总计可能从市场抽资超过2000亿美元,相当于2025年全年美国IPO募资总额的四倍多。 **市场态度分歧:** - **多头**认为市场流动性充裕(货币市场基金约8万亿美元),且存在对纯AI标的的直接投资需求。 - **空头**警告这可能导致流动性虹吸,迫使机构抛售其他资产(如芯片股)来筹集现金,并指出IPO本质是早期投资者向公开市场转移风险。 - 还有一种“投降式看多”心态,即因职业风险而不得不参与,被视为市场泡沫后期的特征。 **上市时机与深层动因:** - 资本擅长为远期愿景(如火星殖民、通用人工智能)定价,且这些公司拥有真实的收入增长。 - 创始人控制力强(如马斯克),并通过关联交易网络扩大影响力。 - 此轮IPO提高了散户配售比例,意在让用户成为股东,但也可能让其承担尾部风险。 - 行业内资金循环(如英伟达投资、OpenAI采购)推高了各方估值,但新价值创造与否存疑。 **结论:市场能否消化?** 1. **单笔消化**:有能力,SpaceX的成功已证明。 2. **连续冲击**:是主要风险,可能导致需求分流或定价不及预期。因此三家公司有意错峰上市。 3. **基本面支撑**:这是最大悬念。SpaceX有实体业务现金流;若Anthropic实现盈利,将增强板块信心;而财务状况不明的OpenAI最为脆弱,其公开的财务数据可能引发估值重估。 **最终判断**:市场有容量承接这些IPO,但真正的考验在于OpenAI等公司公开财务底牌后,其万亿美元估值是否能被真实的盈利能力和客户投资回报率所支撑。当前市场弥漫着一种“清醒的赌博”心态。

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