In today’s briefing:
- Decentraland
- DeFi Options Protocols Series (#2): The Story of David and Goliath?
Decentraland
- At the beginning of last year, we wrote about the idea of a Metaverse and what it may look like.
- Little did we know there would be such excitement and adoption within 2021 alone, with even huge companies like Facebook changing their name to Meta.
- This brought the idea of a Metaverse into the mainstream as nothing had before; it also catapulted two of the largest blockchain-based Metaverses, Decentraland and The Sandbox, into the limelight and significantly increased user adoption of the networks.
DeFi Options Protocols Series (#2): The Story of David and Goliath?
- DeFi options protocol’s TVL dropped significantly over the past three months since the collapse of Terra/Luna and amid a series of crypto platforms’ liquidations and withdrawal freezes.
- Albeit this, the three protocols we highlighted in our first note have shown no signs of slowing down in terms of launching new updates and products.
- DeFi options protocols are still at the beginning of their development and need to see to some of their own issues before being able to challenge CeFi/Deribit.
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