Eden Au

Non-fungible tokens (NFTs) are tokens that have unique attributes and are often indivisible. NFTs are usually an on-chain representation of digital art pieces, collectibles, or in-game items. The Block Research have recently mapped out the current landscape of the NFT ecosystem across 9 verticals, including marketplaces, collectibles, games, domains, infrastructure, virtual reality (VR), etc. We […]

We have recently looked into the current landscape of stablecoins. The number of different attempts of building algorithmic stablecoins that are decentralized and under-collateralized has increased in recent months. Algorithmic-driven stablecoins such as Empty Set Dollar (ESD), Frax (FRAX), Dynamic Set Dollar (DSD), and Basis Cash (BAC) have a combined market capitalization of over 428 […]

While blockchain technology enables rapid clearing and settlement with transparency and immutability, most crypto-assets are volatile and are ill-suited as a medium of exchange. There is a vast demand for stablecoins and they will become one of the significant drivers in blockchain adoption this year. As their names suggest, stablecoins require mechanisms to absorb price […]