On-Chain Analytics Show ETH Accumulation Is Greater Than That of BTC - Ep.264

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 17 August 2021

⏱️ 69 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

NFTs are the talk of the metaverse, EIP 1559 just went live, and DeFi stats are rebounding. On Unchained, Fredrik Haga, cofounder and CEO at Dune Analytics, along with Richard Chen, general partner at 1confirmation, discuss the booming Ethereum ecosystem through the lens of on-chain data, diving into NFTs, DeFi, ETH, and their favorite layer 2s. Show highlights: why Ethereum is on such a pronounced upswing why on-chain metrics lead to superior information reporting mind-blowing OpenSea statistics why NFTs are so hot at the moment how Richard explains NFTs to normies whether the NFT market is sustainable what makes an NFT drop pop and why profile pics (PFPs) matter how Polygon NFTs compare to Ethereum NFTs the main driving force behind DeFi usage how Richard measures the total amount of DeFi users what brings new users into DeFi what DEX trends Fredrik is keeping his eye on why structured products are crucial to DeFi’s continued success how Ethereum is doing since the London hard fork why NFT drops are like 2017 ICOs what metric shows ETH adoption outpacing BTC adoption among institutions which layer 2 solutions are Fredrik and Richard excited about why Richard considers Binance Smart Chain a centralized blockchain why Fredrik likes what Solana is building Richard and Fredrik’s predictions for the NFTs, DeFi, and ETH going forward Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero Polymarket: https://polymarket.com/ Episode Links Richard Chen Twitter: https://twitter.com/richardchen39 1confirmation: https://www.1confirmation.com/ Dune Analytics dashboards: https://dune.xyz/rchen8 Fredrik Haga Twitter: https://twitter.com/hagaetc Dune Analytics: https://dune.xyz/home Dune Analytics dashboards: https://dune.xyz/hagaetc On-chain dashboards Stablecoins: https://dune.xyz/hagaetc/stablecoins Lending: https://dune.xyz/hagaetc/lending DEXs: https://dune.xyz/hagaetc/dex-metrics ETH 2.0 deposits: https://dune.xyz/hagaetc/eth2-0-deposits OpenSea: https://dune.xyz/rchen8/opensea DeFi users: https://dune.xyz/rchen8/defi-users-over-time NFT prices: https://dune.xyz/rchen8/NFT-prices SuperRare: https://dune.xyz/rchen8/superrare_4 Nexus Mutual: https://dune.xyz/eliasimos/Nexus-Mutual-Financials ETH fees burned: https://dune.xyz/rchen8/ETH-fees-burned-in-1confirmation-portfolio Base Fees: https://dune.xyz/msilb7/EIP1559-Base-Fee-x-Tip-by-Block Unchained episodes mentioned Ultra Sound Money: https://unchainedpodcast.com/is-eth-on-its-way-to-becoming-ultra-sound-money-yes-says-justin-drake/ EIP 1559: https://unchainedpodcast.com/ethereums-eip-1559-will-solve-some-problems-but-big-ones-will-remain/ OpenSea: https://unchainedpodcast.com/how-nft-platform-opensea-plans-to-maintain-its-competitive-advantage-ep-232/ Miscellaneous Zed Run: https://zed.run/ Axie Infinity: https://axieinfinity.com/ Qiao Wang tweet: https://twitter.com/QwQiao/status/1425773846418821125 Ethereum burning: https://ultrasound.money/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Hi everyone, welcome to Unchained, your no-hi resource for all things crypto.
0:06.8	I'm your host Laura Shin, a journalist with over two decades of experience.
0:10.4	I started covering crypto six years ago and as a senior editor at Forbes was the first
0:14.5	mainstream media reporter to cover cryptocurrency full-time. This is the August 17th, 2021
0:19.8	episode of Unchained. My book The Cryptopians, Idealism, Greed, Lies, and the
0:24.8	making of the first big cryptocurrency craze is available for pre-order on Amazon.
0:29.1	BarnesNobal, bookshop.org, or any of your favorite bookstores.
0:32.4	Go to bit.ly slash cryptopians. That's b-i-t dot l-y slash c-r-y p-t-o p-i-a-n-s to pre-order today.
0:42.0	Polymarket is the leading information markets platform where you can trade on the most
0:46.0	hotly debated topics, whether it's politics, coronavirus, current events, and more, all on the blockchain.
0:52.8	With over $130 million traded on the platform, Polymarket is the go-to place to settle the
0:58.2	biggest debates of the day. For a limited time, sign up with referral code Unchained to get your
1:04.2	first trade reimbursed up to $100. TASOS is smart money that's redefining what it means to hold
1:11.0	an exchange value in a digitally connected world. Discover how people are reimagining the world
1:16.2	around you on TASOS. The Crypto.com app lets you buy, earn, and spend crypto all in one place.
1:23.6	Earn up to 8.5% interest on your Bitcoin, and 14% interest on your stablecoins paid weekly.
1:30.8	Download the Crypto.com app and get $25 with the code Laura. The link is in the description.
1:37.8	Today's topic is Unchained Metrics for ETH, DeFi, and NFTs. Here to discuss our Richard Chen
1:44.7	General Partner at Crypto Venture Fund, One Confirmation, and Frederick Haga,
1:48.7	co-founder and CEO at Dune Analytics. Welcome Richard and Frederick.
1:53.1	Great to be here. Good to be here. Thanks.
1:56.5	When I first had the idea for this show, it was when Crypto had kind of broadly been moving sideways
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Laura Shin, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Laura Shin and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.