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How to analyse blockchain data

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How to analyse blockchain data

Our event with Flipside crypto and the best from Web3

Jul 17, 2022
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Good morning 💫

This week, we hosted an event on underrated skills in Web3. Next week, we’re talking to Flipside Crpyto about blockchain data. We’ve also rounded up the best news in Web3 for you.

Thanks for reading Odyssey! Subscribe for free to receive updates and news about Web3.


What’s happening in Odyssey

Last week, we hosted:

  • Underrated skills in Web3. Find the recording here.

  • Our weekly study group, focussing on the Utility of Crypto in Emerging Economies.

Next week, we’re hosting the following events:

  • How to access blockchain data - Thursday, 21 July 2022 9 AM PT. Flipside is joining us to talk about analysing blockchain data. Register for the event here.

  • The state of black in Web3 - Friday, 22 July 11 AM PST. Register here.

You will find all future Odyssey events here 💫 . Also, check out our free learning guides.


What’s happening in web3

The Ethereum merge is likely to take place in w/c September 19th.

Twitter avatar for @evan_van_ness
Evan Van Ness 🦇🔊 @evan_van_ness
Merge scheduled for mid to late September
Image
Twitter avatar for @evan_van_ness
Evan Van Ness 🦇🔊 @evan_van_ness
THE MERGE: Scheduled for mid to late September. --- IMPORTANT CAVEAT: scheduling is done via block number and thus it can fluctuate due to hashpower changes
5:47 PM ∙ Jul 14, 2022
396Likes138Retweets

Gamestop launched an NFT marketplace and achieved $2 million in sales within 24 hours.

Twitter avatar for @GMEdd
GMEdd.com @GMEdd
The GameStop NFT Marketplace has achieved over $2,000,000 in volume after launching yesterday.
12:36 AM ∙ Jul 13, 2022
2,253Likes288Retweets

Ledger and Reddit also launched marketplaces of their own. I wrote about how these marketplaces fit into their business models.

Twitter avatar for @ntkris
ntkris @ntkris
The NFT market has fallen from $3.8 billion (w/c 10 Jan) to $182 million (last week) in terms of weekly ETH NFTs. Despite this, @Ledger, @GameStop and @Reddit have launched NFT marketplaces. Here's why.
Image
8:55 PM ∙ Jul 12, 2022
17Likes6Retweets

Check out Peter’s thread on how $1.9T was wiped from the crypto market.

Twitter avatar for @petergyang
Peter Yang @petergyang
The global crypto market has lost $1.2T in just 3 months and multiple crypto companies are facing bankruptcy. I spent the whole weekend researching exactly went down. Here's the sordid tale of how a few greedy players screwed millions of retail investors: 🧵
3:33 PM ∙ Jul 13, 2022
1,072Likes303Retweets

Magic Eden launched a VC arm to invest in gaming startups.

The US announced a 9.1% inflation rate for the month of June.

Twitter avatar for @charliebilello
Charlie Bilello @charliebilello
The US Inflation Rate rises to 9.1%, its highest level since November 1981. In November 1981, the Fed Funds Rate was over 12%. Today it's still below 2%. Charting via @ycharts
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12:56 PM ∙ Jul 13, 2022
2,030Likes693Retweets

Celsius filed for bankruptcy and announced that it doesn’t have money for $1.2 billion of loans.

Twitter avatar for @WatcherGuru
Watcher.Guru @WatcherGuru
JUST IN: Celsius Network's bankruptcy filing revealed a $1.2 billion hole on its balance sheet.
8:20 PM ∙ Jul 14, 2022
3,592Likes560Retweets

USDC published a report showing their reserves. They hold US dollars in cash and treasury bonds.

Twitter avatar for @jerallaire
Jeremy Allaire @jerallaire
1/ As part of our commitment to increasing transparency and disclosure around USDC, today we're publishing our first monthly breakdown of the USDC reserve assets, by each and every Treasury Bond and list of cash reserve custodians. circle.com/blog/providing…
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3:45 PM ∙ Jul 14, 2022
2,705Likes526Retweets

Here’s great thread on the application of Web3 to the gaming industry.

Twitter avatar for @justinkan
Justin Kan ❄️ @justinkan
Simple case for why web3 could be an important new business model in for games:
8:29 PM ∙ Jul 11, 2022
510Likes133Retweets

As always, join our community to check out more events, contribute to a project, and stay up to date. Until next week!

Thanks for reading Odyssey! Subscribe for free to receive updates and news on Web3.

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