gm Bankless Nation, the crypto community is still abuzz after Uniswap's big announcement earlier this month. Are more apps about to ship their own chains?
gm Bankless Nation, The crypto community is still abuzz after Uniswap's big announcement earlier this month. Are more apps about to ship their own chains?
Today's Issue ⬇️
☀️ Need to Know: SCR's Launch Scroll deals with airdrop backlash.
📚 Learn: What We're Reading Our favorite reads of the week.
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📜 Scroll Launches SCR Token to Significant Community Frustration. Scroll opened claims for its SCR airdrop, but the token's arrival has disappointed more than a few users.
🇦🇷Buenos Aires Taps QuarkID to Roll Out ZK Digital Identity Program. It's the first government to adopt decentralized identity for its millions of citizens.
🌤️ Is Maker Already Regretting Its Sky Rebrand? Maker's rebrand to Sky has divided its community; its founder appears interested in a do-over.
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📸 Daily Market Snapshot: The NFT market's brutal years-long reckoning has hit few communities harder than Bored Ape Yacht Club, but the VC-rich team built around the project has been determined to keep the action going for its flagship collection. Its latest moonshot bet is ApeChain, which launched this week and has been causing volatility to spike – APE is the biggest gainer on the week, up 77%, but also the biggest loser on the day, down 17%. Where will it settle?
Prices as of 5pm ET
24hr
7d
Crypto $2.33T
↘ 0.5%
↗ 1.7%
BTC $67,477
↘ 0.3%
↗ 1.1%
ETH $2,631
↘ 1.6%
↗ 2.1%
SCR $1.18
↘ 15.3%
↘ 6.5%
📜
New Token Rating: Scroll tokens are down 16% from when airdrop allocations were liquified late last night. What does the future hold for the recently launched SCR?
As Ethereum continues steadfast in its pursuit of rollup-centric scaling, one glaring question continues to go unanswered: when do appchains actually make sense?
Uniswap’s recent announcement of the Unichain has reignited debate about when it's appropriate for an application to launch its own chain, and although community consensus has yet to be definitively reached, Unichain appears to be a perfect case study for this broader question.
Today, we’re dissecting two drastically different rollup-based constructs and discussing why not all appchains are created equal 👇
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Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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