Garlam’s Weekly Crypto Digest | Week of March 20th

Greetings and a warm welcome to my latest blog post! I hope you had a pleasant week.

For this post, I've gathered some of the top content from my three publications: The Crypto Illuminati, M6 Labs, and Renoded.

If you're interested in keeping up with the latest trends and receiving valuable knowledge straight to your email, be sure to subscribe to any or all of our publications with just a single click: M6 Labs | The Crypto Illuminati | Renoded

Without further ado, let's get started!

Research Reports & OpEds by M6 Labs (1/4)

Stories on Polytrade, Firedancer & Fantom & the state of airdrops

1?? Revolutionizing Trade Finance: The Polytrade Project

Tapping into Untapped Crypto Liquidity for Receivables Financing

• Polytrade is a Dubai-based platform that simplifies receivables financing using blockchain technology.
• It connects buyers, sellers, insurers, and investors to offer low-interest and fast financing without traditional challenges.
• Polytrade also offers a unique RWA Marketplace and Polytrade ID to onboard companies to web3 and DeFi.
• The platform brings transparency and security to lending, revolutionizing the DeFi industry and providing a secure platform for trading tokenized assets.

Keep reading here ??

2?? Unleashing the Power of DAGs with Fantom

We 'Spook' Our Readers Out By Diving Deep Into Fantom

• Fantom is a smart contract platform on Layer 1.
• It uses a directed acyclic graph (DAG) to address scalability issues.
• The platform has a consensus protocol called "Lachesis" that enables fast transactions and is secure.
• The primary token used on Fantom is FTM. It is used for payments, governance, staking, and fees.
• Fantom has a strong ecosystem with numerous dApps, particularly in DeFi. Popular dApps include SpookySwap , Geist , SpiritSwap , PaintSwap & Equalizer
• Growth metrics remain very high for Fantom year-on-year

Keep reading here ??

3?? Solana Has a New Best friend : Firedancer

• Firedancer is a new validator client for Solana that aims to make the network more efficient, scalable, and decentralized.
• Using C/C++ , Firedancer will help scale the network, reduce costs of running a validator node, and avoid redundant data copying.
• The Firedancer team has a lot of experience in writing efficient software, and the compatibility with Rust will be tested in early releases.
• Firedancer will improve Solana's throughput and redundancy, making it less reliant on a single validator client.

Keep reading here ??

4?? Airdrops Are Broken

Unpopular Opinion: Mental Models for Crypto Investing

TL;DR of this Op-Ed piece

• Reflecting on the state of airdrops
• The concept of airdrops and their intended purpose
• The problem with airdrops: attracting the wrong kind of users
• Unsustainable practices due to reliance on airdrops
• The need to revamp the current system of airdrops?
• Potential solutions: penalties and rewards?
• Conclusion: The game will continue as long as people continue to be greedy

Keep reading here ??

Articles & Threads by Renoded (2/4)

Stories on Web3 Disruptions, NFT Storage, Web3 Jobs & Opportunities for Lawyers

1?? Web3: More Than Just Crypto

This article discusses the various trends and applications of Web3, from finance to gaming, and how it is shaking up traditional industries. Key takeaways:

1. Brands will use blockchain technology to enhance the consumer experience.

2. More brands are tokenizing physical goods.

3. Web3 will grow by adding digital computing nodes internally.

Keep reading here ???

2?? Safe Haven for NFTs: Storage 101

This article provides an overview of NFT storage, safety, and how to protect digital assets. Key takeaways:

1. NFTs can be stored on the blockchain, centralized servers, or IPFS.

2. Centralized servers can shut down, causing the asset linked to an NFT to disappear.

3. Over half of all NFT projects rely on centralized servers, making it difficult to determine where an NFT is stored.

3. IPFS is a more reliable way to store NFTs, but requires payments to keep the content alive.

Keep reading here ??

3?? Web3 Jobs Await: Start Your Hunt!

Web3 Watch newsletter - Week of 20th March 2023

This article provides advice on how to find a job in the Web3/Crypto space in 2023. Key takeaways:

1. Investing in Crypto is not necessary to reap the benefits of the Web3 space.

2. There are both non-tech and tech-related roles available in the Web3 space.

3. Networking is the most effective way to apply for a Web3 job.

Keep reading here ??

4?? Attention Lawyers: Web3 Is Changing the Game!

This article discusses the importance of lawyers embracing Web3 in order to stay ahead of the curve in the 4th Industrial Revolution. Key takeaways:

1. Web3 is an extension of cryptocurrency that uses blockchain in new ways to new ends.

2. Law firms must understand the implications and opportunities presented by this new technology.

3. Lawyers can benefit from increased transparency, greater security, and improved efficiency by embracing Web3.0.

Keep reading here ??

Posts & Threads by The Crypto Illuminati (3/4)

Stories on SEC vs Crypto, Polygon zkEVM, Top Crypto Narratives & Airdrop Alpha

1?? SEC: Friend or Foe of Decentralization?

This article discusses recent actions of the SEC - is it the White Knight or the enemy of decentralization? Key takeaways:

1. SEC’s Gary Gensler unveils plan to expand custody rules to include assets like crypto

2. Kraken pays off $30 Million to settle all SEC charges.

3. Coinbase CEO Brian Armstrong assures users that all staking services will continue.

4. SEC is attempting to extend its jurisdiction to sales of mining equipment without warning.

Continue reading here ??

2?? The 9 Most Impactful Reads on Polygon's zkEVM

The top reads to prepare yourself for Polygon's zkEVM mainnet launch. Key takeaways:

1. Polygon zkEVM Mainnet will go live on March 27th.

2. Polygon sends out all the love to developers before the mainnet launch.

3. You’ll find an explanation of zkEVM and its trust model.

4. A read on Polygon ID and how it can be used to keep personal identifying information concealed while proving identity.

Continue reading here ??

3?? 5 Crypto Narratives to Watch Now

This article provides the top reads on various crypto narratives that are emerging in the market, such as Arbitrum Ecosystem, Polygon, Real Yield Farming, RWAs, and LSDs. Key takeaways:

1. Arbitrum Ecosystem is onboarding giants like Vela, Zyb, Rndt, and Pendle.

2. Polygon is launching the zkEVM mainnet on March 27th.

3. Yield farming is a game of hedging against losses and betting on yield.

Continue reading here ??

4?? How to Score Big with Airdrops

Degen Digest newsletter - Week of 20th March 2023

This cover story of the Digest provides an overview of how to evaluate airdrops and select the best projects to farm in order to maximize earnings. Key takeaways:

1. Fundraise, strong backers, good fundamentals, good hype, and good tokenomics are essential in determining the worthiness of an airdrop project.

2. zkSync is a top pick due to its high fundraising, strong backers, and steadily rising weekly active users.

3. Evaluating airdrops is essential in maximizing earnings as a crypto degenerate.

Continue reading here ??

The M6 Labs Daily Bullets Newsletter (4/4)

1?? Daily Bullets, Monday | Link to newsletter

???? The $1M Balaji Bitcoin Bet

???? ♂? DeFiLlama Dramarama - For Forking Sakes

?? ? Polygon Co-Founders New L1 Grind

2?? Daily Bullets, Tuesday | Link to newsletter

???? CT Arb Token Price Predictions

???? Powerhouse Polygon x Immutable zkEVM Partnership

?????? Could Controversial CBDCs Be Banned?

3?? Daily Bullets, Wednesday | Link to newsletter

???? SEC Targeting DEXs - Sushiswap Served

???? Will the IRS Screw Over NFT Owners?

???? zkSync, the Next Airdrop Hotspot

4?? Daily Bullets, Thursday | Link to newsletter

????SEC Rampage - Targets: Coinbase, Justin Tron??

????Is DMing Crypto the Future? USDT via Telegram

??? Aavegotchi - Everyone is Building Their Own Chain

5?? M6 Labs Weekly Alpha Leak, Friday | Link to newsletter

• The Fed isn’t pivoting
• SEC rampage continues (Sushiswap, Coinbase, Justin Tron)
• Arbitrum airdrop
• Do Kwon arrested

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