We recently went on the Bankless podcast: Authenticity in Crypto | 1confirmation
We think authenticity is a useful north star when it comes to investing in startups, cryptocurrencies and NFTs. Lately the NFT space has been especially fraught with copycats and cash grabs. Sticking to authentic creatives on authentic platforms like Opensea and SuperRare is the best long-term approach.
Required reading this week
Stories, Scarcity and Mimetic Desire — thecontrol.co
A first principles explanation of what gives NFTs value.
Layer-2 for Beginners — gourmetcrypto.substack.com
Scalability is coming to Ethereum via layer 2 solutions. This guide explains for beginners.
Introducing Uniswap V3 — uniswap.org All about Uniswap V3.
The Most Important Scarce Resource is Legitimacy — vitalik.ca
A excellent post on legitimacy by Vitalik.
You Can Bet on the Vaccine, Literally — www.wsj.com
Max Raskin argues prediction markets offer an important tool for hedging risk.
1confirmation portfolio reading this week
OpenSea raises $23M to scale the largest marketplace for NFTs — opensea.io
Opensea is leading NFTs into the mainstream.
Hop: Send Tokens Across Rollups — medium.com
Layer 2 solutions need seamless interoperability to have a meaningful impact on Ethereum. Hop is attempting to solve this.
How a Time Magazine Cover Helped Jim Cramer Understand NFTs — www.thestreet.com
Time Magazine minted and sold some classic cover art on SuperRare this week.
Our community grants programme is live! — medium.com
The Nexus Mutual community fund is live and ready for action.
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