https://medium.com/@kido.kim/throne-of-zk-snark-vs-stark-a7ff305a2d30
스타크와 스나크를 비교해보면서 얕게 알아봤습니다. zkp에 대해서 찍먹 정도 해보려는 분들꼐 추천드립니다 🙂

오늘 고퍼런스 발표에 왔는데 많은 분들이 Web3 Onchain Data Tool 리스트에 대해 질문 주셔서 데이터 툴 참고용으로 올려드립니다. (발표 자료는 운영진을 통해 확인 후 공유하겠습니다.)

많은 분들이 아시겠지, 제가 대표적으로 사용하는 서비스 or 추천하는 서비스 몇 개 간단하게 공유합니다.

Query
- Dune: 이더리움 및 EVM 체인 기반 툴
- Flipside Crypto: Non-EVM 기반 데이터
- Footprint Analysis: 게임 데이터 특화 쿼리 서비스
- 그 외에도 Genni, Transpose, Numia 등도 종종 사용

No-Code Tool
- Token Terminal: Trending Contract 보기 편함
- Artemis: L1/L2에 대한 기본 Stats
- DefiLlama: 디파이 TVL, Volume 등 트래킹
- DappRadar: 게임 쪽 데이터에 대한 간단한 관찰 가능. DAU 등 지표에 대한 신뢰도는 낮은 편
- L2Beat: L2 TVL 및 브릿지 지표
- Nansen: 여러 기능 포함, 고래 트래킹, 지갑 트래킹 등을 통한 트레이딩을 하고자 한다면 유용할 듯. 레이블링은 가장 잘해둔 것 같음
- Arkham, Breadcrumbs: 특정 계좌 추적에 특화된 온체인 서비스
- CryptoQuant: 비트코인에 특화, 조만간 쿼리 서비스도 오픈 예정.
- NFT Bank: NFT 포폴 관리에 적합. 개인적으로 새로 준비하는 Unboxing Labs을 특히 기대중
- 그 외에도 Glassnode, The TIE, Santiment 등도 각각 장단점 존재.

그 외에도 다양한 툴은 다음 링크(primo_data)도 추천드립니다.

CFTC, 미등록 파생상품 제공 혐의로 바이낸스 고소 source

고소장 핵심 내용 체크

- 바이낸스는 불투명한 기업 조직망을 통해 운영되는 세계 최대 규모의 중앙화 거래소임

- 미국 내 고객의 바이낸스 플랫폼 접근을 "제한"하겠다는 밝혔음에도 사업적으로 접근함

- 바이낸스는 미국 시장을 전략적으로 공략하며 리테일 고객 유치에 집중함

- CZ는 바이낸스가 미국인 대상 영업이 ‘미국 법률에 따라 규제 요건을 준수’해야 한다는 사실을 알고 있었음. 그러나 관련 연방법을 무시했으며, 미국 법률 준수보다 상업적 성공을 우선시함

- 바이낸스는 의도적으로 운영 본사의 위치를 공개하지 않으며, 고의적으로 규제를 피하고 있음

- 이에 CFTC는 민사 금전적 처벌 및 구제책을 모색함: 거래 및 등록 금지, 징벌적 과징금 등

1. Market analysis:
- Market size and growth potential
- Market trends and dynamics
- Competitive landscape

2. Company evaluation:
- Business model and value proposition
- Product or service offering
- Intellectual property and technology assets
- Scalability and growth potential
- Historical financial performance and future projections
- Management team and organizational structure

3. Strategic fit:
- Alignment with corporate strategy and objectives
- Potential for synergies and collaboration

4. Deal structure:
- Valuation and investment terms
- Exit strategy and potential return on investment
- Minority shareholder protections

Sometimes quick execution can create gaps. Like 2 weeks ago I thought I was literally the only one using this app, but now everyone talks about it 😂
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Gamma literally does what MS PPT will do in the near future, but it rapidly became popular by word of mouth. Try Gamma at — https://gamma.app/

Elon Musk: Advice for Young People | Lex Fridman Podcast Clips

Try to be useful, read a lot and learn a lot, have a grow the pie mindset, create more than you consume
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One of the best <10min video to spend for the mental model

Wallet Security: The ‘Non-Custodial’ Fallacy

A good breakdown of what 'non-custodial' means. The distinction between custodial and non-custodial wallets is not a binary like what the phrase "not your keys, not your crypto" suggests. Wallet security and key management involve complexities in 1) key generation, 2) key storage, and 3) key usage.
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1) Key generation: Use audited libraries, properly integrated software, and wallets that keep secrets
2) Key storage: Choose between hot and cold wallets based on risk tolerance, and implement backup and recovery mechanisms
3) Key usage: Follow guidelines for authentication, use established cryptography libraries, avoid nonce reuse, and separate keys for different purposes
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Future developments should concentrate on shared and open-source solutions (such as key generation & txn signing libraries and txn approval frameworks). These improvements aim to address the complexities of key possession and management, moving beyond the simplistic notion of "not your keys, not your crypto.

Our Questions About Web 2.5 Gaming by Maverick

And quite good questions (and framework as a whole) on how crypto could influence gaming in general. 작년에 Web 2.5 gaming 딜들 보면서 했던 ambiguous assumptions, high-level misconceptions 다 여기에 있네...ㅎㅎ 조금 일찍 나왔었으면 좋으련만...

Anyway interesting approach; identifying underexplored areas in gaming today that may be more conducive to meaningful crypto experiments:
- Categories: Crypto-economic (and social) experiments of "games" that do not require impeccable artwork and gameplay as a prior industry standard. (Fully on-chain, casino, strategy, casual, board games, sports, simulation games, etc.)
- Stack layers: Even in these categories, we are more interested in projects that don't focus singularly on gameplay, but rather broadly on how crypto may reimagine other stages of the gaming lifecycle.

VC에게도 똑같이 해당하는 내용인 것 같다.

https://n.news.naver.com/article/015/0004829513?sid=101

Fake it till you break it by Nami

Fixed supply FTs have flaws due to constantly fluctuating circulating supply and challenges in forecasting future needs. And fixed supply NFTs can create issues if they limit the availability of essential gameplay assets.
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Constraining supply through demand can lead to more sustainable game economies. The focus should be on creating authentic game economies using regulations and frameworks, rather than relying on artificial limitations.
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Highly agree that fixed token supply hinders potentials what tokens could do. BTC has its own way, but tokens for gaming are not equivalent to those utilities BTC has.

2 ways you can look at this chart:

- it’s completely over
- it’s a great chance to be early

https://twitter.com/Loopifyyy/status/1649084374275485697?s=20

+ Blur is dying

And one of the core competency of VC became creating libraries for those networks.

a16zcrypto's engineering team has released open-source tooling to serve devs, builders, and users in the crypto ecosystem. Six of our freshest libraries relate to:

- Symbolic testing
- Light clients
- Auction design
- Private airdrops
- New social networks
- Trusted setups

https://twitter.com/eddylazzarin/status/1645524017720467456?s=20

"How Venture Capitalists Make Decisions"
An inside look at an opaque process by Paul Gompers, Will Gornall, Steven N. Kaplan, and Ilya A. Strebulaev

Hunting for Deals
- more than 30% of deals: leads from VCs’ former colleagues or work acquaintances
- 20% of deals come from referrals by other investors
- 8% from referrals by existing portfolio companies
- 10% result from cold email pitches by company management

-> But almost 30% are generated by VCs initiating contact with entrepreneurs.

Narrowing the Funnel
101 opportunities are considered on average for each a deal to be closed
- 28 of those oppotunities will lead to meeting with management
- 10 will be reviewed at partner meetings
- 4.8 will be on Due Dilligence
- 1.7 will be on negotiation of termsheet
-> only 1 would be funded

After the Handshake
- Relatively inflexible on pro rata investment rights, liquidation preferences, and antidilution rights as well as vesting of the founders' equity, the company's valuation, and board control
-- Pro rata rights, 'Biggest source of our returns is ability to doube down on our winners'
- More flexible on the option pool, participation rights, investment amount, redemption rights, and dividends

Finding Alpha
- Post-investment services: strategic guidence(to 87% of their port-cos), connections to other investors(72%), connections to customers(69%), operational guidance(65%), hiring board members and employees(58, 46% each)

How VCs deliver "alpha"?
- Deal sourcing, deal selection, post-investment action were all keys -> but deal selection was the most critical

Most important factor of deciding success of their port-cos
- Management team, 'kick-ass team'

Interactions with their limited partners
- cared more about absolute performance than relative performance
-- 2007 to 2016 in the Burgiss Manager Universe had outperformed the Russell 2000 (a small-cap index) by 7% a year, on average, and the S&P 500 by nearly 5% a year. Almost 75% of those funds had beaten the Russell 2000, and roughly 60% had beaten the S&P 500

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A Venture Capital Glossary
Antidilution rights
allow the number of shares that current investors hold to be adjusted if future financing rounds are done at a lower price than the current round.

Liquidation rights
ensure that if a company is sold, the venture capitalists get paid before the founders do. They typically guarantee the amount invested or some multiple of it (for example, double).

Option pool
refers to an amount of equity set aside for grants to compensate current and future employees of the start-up. Usually it’s a percentage of the company’s total value.

Participation rights
allow venture capitalists to get back the face value of their investment (or a multiple of it) and then to share in the value created above that level at the time of a company exit.

Pro rata investment rights
give venture capitalists the right to invest in a company’s subsequent investment rounds and preserve their initial percentage of ownership.

Redemption rights
give venture capitalists the ability to return stock to the company—that is, force it to pay back the amount of the investment.