Happy Friday Everyone! 👋
With the Merge approaching, Ethereum (CRYPTO: ETH) Name Service saw 378,000 new domain registrations last month. There are now over 1.8 million .eth addresses owned.
Happy Friday Everyone! 👋
There’s no telling when Crypto Winter will be over but the weather for crypto prices over the last week has been bright & sunny.
We’re also seeing signs of continued investments in the space as compressed valuations attract money from unusual sources.
During periods of rampant excess in financial markets, we move from valuations based on the present value of future cash flows to valuations based on stories.
How compelling is your story?
Is it one of future growth and revolutionized economic reform all powered by smart contracts?
Sounds pretty neat.
This is an abridged version of the full GRIT Capital newsletter. To read/subscribe to the full newsletter click here.
Everything has a cost.
Some are direct - like the price tag on the clothes you buy. Some are hidden - like sleepless nights as a new parent.
The concept of interest is as old as time. Well not quite…
The first written evidence of compound interest dates roughly 2400 BC, where an annual interest rate of 20% helped fuel the development of agriculture and was important for urbanization.
If you’re like me, you always have a problem wrapping your head around a cryptocurrency exchange.
The first mantra of the crypto community is decentralization. Down with the establishment man! Decentralization leads to freedom from large institutions!
This is a shortened version of the Grit Capital Newsletter.
While the decimation of spec tech has dominated headlines, there have been two industries that have not only escaped the sea of red but have been thriving in the chaos: Energy and Financials.