🚧Inscriptions-Induced Congestion Splits Crypto Community
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Surging activity resulting from the proliferation of inscription tokens across Layer 1 networks is dividing the web3 community. While some see inscriptions as a new way method to fairly launch new tokens, others argue the tokens lack utility and are created by frivolously wasting block space.
In other news, Jito is challenging Lido by fully diluted valuation, Andreessen Horowitz is bullish on GameFi and AI in 2024, and LayerZero confirmed it will launch a token soon.
Plus, check out our explainer looking at how AI is converging with web3.
✍️ In today’s newsletter:
- Inscriptions activity surges alongside controversy
- JTO trades at $2B fully diluted valuation
- A16z eyes eight trends for 2024
- LayerZero says token is coming next year
- Everything you need to know about AI and crypto
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