Greetings to our esteemed community,
We are delighted to bring you the key insights from our recent premium webinar. Our CEO, Ian Balina, led a captivating discussion on various topics that interest our crypto investors and traders.
Here’s a summary of the key points:
On Crypto Project Viability: We explored the current landscape and found that a staggering 90% or more of crypto projects might be scams. Out of the 10,000+ tokens on the blockchain, only about 1% genuinely stand out as top-tier products.
Evolution of Cryptos: Taking a historical lens, we analyzed changes in the top 10-20 cryptocurrencies over different years. It was enlightening to see the rise and fall of various tokens and coins during specific periods.
Astra’s Developments: Our discussion spotlighted Astra. We’re excited about the progress on Astra’s launchpad for Dao stakers and the plans for implementing cross-chain functionality.
Emerging Projects: Our team highlighted several projects such as WINR Protocol, Dynex, Taraxa, and friend.tech with its revenue-sharing model – 5% to creators and 5% to the protocol. While they are in their early stages or carrying certain risks, they piqued our interest.
Spotlight on Joystream: This platform received a stellar 85% score from our team. It provides a unique proposition for content creators.
Token Bridging: We discussed the convenience and cost-effectiveness of bridging tokens using trustworthy protocols, comparing Base to other chains in metrics like TVL and daily users/fees.
Upcoming Developments: Stay tuned for our upcoming code review on a zero-knowledge virtual machine project called Astar Network. Furthermore, we are integrating external data into our chatbot and developing a mobile app for Token Metrics GPT. Our trading bot, which will allow investing in large caps via exchange accounts, is also on the horizon.
AI Assistance: We ran tests with TM Chat GPT to address crypto questions and are pleased to announce the integration of white papers, news sites, and YouTube videos for more extensive information. Token Metrics GPT will soon be available on our Data API, along with its integration with Zapier, promising a more streamlined user experience.
Market Insight: The current trend appears bearish. However, there might be potential opportunities in specific altcoins. Using trader grade changes and investor grades over 60%, we identified three tokens – Aelf, Unifi Protocol, and Safepal, that might be good to trade this week.
Sneak Peek: We gave our community a preview of TM GPT V2, a feature-packed upgrade with external data integration.
Diverse Discussions: Our session covered various topics, from the promising Joystream platform, undervalued L1 projects like Kaspa, the potential of public chains, and growth opportunities in projects like Canto, Kava, and more. We even discussed the Astrobot NFTs and the plans for a mobile app with AI avatars.
Remember, our primary objective is to provide balanced and insightful knowledge. We advise caution, research, and due diligence in all your crypto endeavors.
Stay informed, and let’s navigate the dynamic world of cryptocurrencies together.
Token Metrics Team