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Advantage Blockchain Newsletter · Jul 26, 2021

Crypto Weekly #1

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Advantage Blockchain · Advantage Blockchain Newsletter

Ethereum is not just a breeding ground for speculation, it is first and foremost a technology stack with a flourishing digital economy full of opportunity.

For those who use the Ethereum blockchain, generating $ETH is the name of the game. Ether is an important commodity facilitating all current and future use of the blockchain. Where most digital assets are viewed as a highly speculative alternative investment, Ether ($ETH) is a utility driven asset. Ether has numerous functions within the digital blockchain economy. Functionality includes but is not limited too, a means of payment/collateral for NFTs or DeFi, working capital asset in ETH2 Staking, and possibly most important acts as the gas commodity to power all transactions on Ethereum. As gas to the network and a means to an economic return, Ether has real demand meeting supply from inflation rewards and transaction fees.

Today in Ethereum Miner/Maximum Extractable Value (MEV) has become an interesting research topic and a very lucrative opportunity for those with the talent and infrastructure to profit from it. MEV revolves around the idea of ordering/reordering transactions within a block to optimize profit for a certain party, often times the miner who solves the block. To even the playing field, Advantage Blockchain helps clients generate Ether through User Extractable Value (UEV). UEV can take many forms but more often than not leverages the current smart contract infrastructure and market opportunities to generate Ether.

Examples of UEV include: 

-Airdrops: Experiment with existing protocols/applications in hope of participating in future governance/liquidity mining.

-Money Robots: Applications like Yearn/PoolTogether allow users to pool their digital assets enabling automatic allocation of assets to best market opportunities.

-NFTs: Holders of certain NFTs receive perks in the form of future airdrops, access to exclusive communication channels, and discounts on blockchain/real-world products.

Percent Change (Rounded) Based on Last Monday (9:30 AM ET)

Bitcoin- $38,322 (+25%)

Ether- $2,326 (+25%)

DeFi Pulse Index- $305 (+17%)

Gold- $1801 (-1%)

S&P500- 4,409 (+4%)

DJI- 35,055 (+3%)

NASDAQ- 14,821 (+4%)

NYSE- 16,552 (+3%)

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  1. BlockFi Receives Cease and Desist Order From New Jersey Attorney General, CoinDesk

  2. OpenSea Announces $100M Raise Led By a16z, OpenSea Blog

  3. FTX Closes $900M Series B Round Valuing Exchange at $18B, Blockworks

  4. ShapeShift Decentralizes, ShapeShift Blog

  5. Scaling Reddit’s Community Points with Arbitrum, r/ethreum

  6. Upgrade Consensus To Proof of Stake, Github Repo

  7. FTX Buys Back Binance Shares in Company, Decrypt

Voting On Governance Proposals Using Snapshot, The Graph Academy

X avatar for @MikeTyson

Mike Tyson@MikeTyson

Which do you prefer, BTC or ETH?

8:07 PM · Jul 17, 2021

3.31K Reposts · 26.5K Likes

Rabbithole offers anyone an opportunity to earn crypto by experimenting with Ethereum applications/protocols in the form of quests. The only prerequisite is completing a digital identity step through BrightID to make the quests sybil resistant.

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