Adoption of Ethereum-based digital art exploded in September and it's been exciting to see talented new people enter the space to make money doing something they love.
Anyone can see an Ethereum-based artwork, but only one person can own it. The ability to prove authentic ownership of digital art has caused collectors to invest millions of dollars in artworks on platforms like SuperRare and Opensea over the past few months and it feels like the nascent category is just getting started.
Required reading this week
Liquidity Mining: A User-Centric Token Distribution Strategy — medium.com
The last four months have seen dozens of protocols launch liquidity mining programs. Dmitriy Berenzon explains what liquidity mining is, what has worked well, and what could be improved.
BitMEX ‘Attempted to Evade’ US Regulations, CFTC, DOJ Charge — www.coindesk.com
It appears US regulators are honing in on actors who have been overly promotional over the past few years, with both BitMEX and John McAfee getting actions in the past week. If you are a builder or investor in the space, this isn't a reason for worry but it is something to take note of.
A rollup-centric ethereum roadmap — ethereum-magicians.org
The Ethereum community is currently trying to figure out how to deal with higher gas fees caused by on-chain congestion. Rollups are one way approach to solving the scalability problem that people are increasingly optimistic about. In this thread Vitalik presents a rollup-centric roadmap.
Staring Into the Monster’s Eye: Analyzing a Generalized Front-running Arbitrage Bot Attack
Alex Manuskin explores the mempool and finds out how versatile generalized frontrunning bots really are.
1confirmation portfolio reading this week
Rally ERC-20 Governance Token (RLY) to launch October 15, 2020 — medium.com
Rally (RLY) governance token is launching on Ethereum! Earn the token through either a YFI vault by delegating yield to Rally or getting the word out to your favorite digital creators.
Shield mining is here! – Nexus Mutual — medium.com
With shield mining, NXM stakers will also be rewarded in the native token of partner projects, starting with tBTC.
Authereum Is Out of Beta 🛡 — medium.com
After over a year of development, Authereum is out of beta! They've doubled down on security and streamlined the entire experience.
SuperRare Weekly Top 10 Picks — editorial.superrare.co
Top digital artworks in the past week from a member of the SuperRare community.
On-chain metric to watch
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