🚧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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- What is 0x Matcha?
- dYdX Chain Tutorial | How to Bridge, Stake, & Trade
- How to use MetaMask Snaps | Installation Tutorial
🎬 WATCH
Check out our recent interviews with Ethereum's chief scientist, Vitalik Buterin, and MakerDAO's co-founder, Rune Christensen, from the Devconnect conference in Istanbul. And watch our podcast with Arjun Bhuptani, the founder and CEO of Connext Labs, to learn about the forefront of cross-chain interoperability.
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