Category: Uncategorized

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The Impact of Buybacks and Unlocks on Token Price

How effective is buy-and-burn as a number-go-up mechanism? And is it effective enough to counter the number-go-down pressure of token unlocks? This post explores the opposing pressures and describes the concept of an equilibrium...

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Metaverse Musings Part One

Some people feel they are already living in the metaverse, given how much time they spend staring at screens and interacting with other humans via video conferences and chat groups. Others say we are...

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What if USDT Tether depegged?

Having spoken with a number of industry participants, it’s clear to me that the large traders do not expect USDT to depeg.  They tend to believe Tether Inc has more than enough assets to cover its...