Collective Shift

Our Head of Research, Matt, shares the latest developments from Uniswap, the leading decentralised exchange for trading Ethereum tokens. Uniswap's native token is UNI.

During the first quarter of 2023, Uniswap has consistently been doing more volume than Coinbase's spot market—one of the most established venues for trading cryptocurrencies.

Timestamps:
00:00 Intro
00:20 Uniswap Update
01:44 DEX Market
02:23 Why Uniswap Dominates
04:20 NFTs on Uniswap
06:35 DEX vs CEX Volumes
10:57 Value of UNI Token
13:56 Uniswap Fee Distribution
16:58 No Uniswap Marketing
18:00 Uniswap Wallet App
19:38 Outro

 Inflationary vs Deflationary. Holding FIAT currency actively reduces the purchasing power of your money due to the inflationary nature of FIAT currencies, increasing the supply. Bitcoin is the opposite; it has a reduced supply with a cap of $21M. This is important as its one of the main reasons why Bitcoin is gaining so much momentum in the space.

• The Banking crisis continues with further rate hikes. it's not over.
• Payments provider Stripe expands access with new fiat onramp- Bullish.
• BTC transaction fees surge as Ordinals drive up the demand for blockspace
• Memecoins steal the thunder with impressive gains, Will it last? No.
• US president Biden proposes an incremental tax on crypto miners up to 30%
• Other News: Sui token launches with a surge, Blur NFT marketplace new lending product
• Voyager's deal with Binance is dead. They will liquidate, meaning you may get 36% of your crypto back.
• The team looks forward to: testnets for ETH layer 2s & crypto conference in Sydney 

Ben our CEO recently spoke at a Finance Conference where he broke down why Bitcoin is valuable and why you need to be paying attention.

CBDCs are just around the corner in Australia. It's being rolled out in countries around the world in pilot programs. But we should be careful about how they are being created and the oversight of the technology.

Key Takeaways:

• ZK sync Era is a newly launched Ethereum Virtual Machine (EVM) compatible chain. 
• This is a beginner guide that leads you through bridging, Defi Apps and the NFT marketplace
• Fees are relatively cheaper than Ethereum, but still too expensive in my opinion
• Be wary of low marketcap, new and untested dapps that you connect to.  It is generally safer with the top dapps. 
• Utilise Layer3 to build your onchain transaction history to help qualify for an airdrop
• Collective Shift rates zkSync 5 stars for an airdrop. 

Get to know Liya Dashkina, an insightful and passionate member of Australia's budding web3 ecosystem. An experienced financial professional, Liya heads up investor relations and investment operations for Reinventure. She also contributes to web3 in various other capacities, such as serving as the Australian DeFi Association's NSW Chapter Lead.

Topics discussed in this interview include:
– Liya's work and how her varying roles intersect.
– The Australian DeFi Association, which meets every last Wednesday of the month at Stone & Chalk in Sydney.
– Women in web3, female-led NFT projects, and the current landscape through Liya's experiences.
– Liya's recent writing for AllBright, BFF and interview with Carly Reilly (Overpriced JPEGs).
– The state of the crypto market, industry and regulation.

• BTC sold off due to Mt Gox and Government FUD. We've been here before, what's next?
• First Republic, stock sank 50% as $100B withdrawn. The banking crisis continues but good for bitcoin?
• A new $1.5 trillion blockchain based mutual fund was launched by Franklin Templeton. Run on Polygon and Stellar.
• Visa unveals their Crypto plan, "help us drive mainstream adoption of public blockchain networks and stablecoin payments". They are looking for Developers- Bullish.
• Venmo announces launch of crypto transfers in and out of app. BTC, ETH, LTC & Bitcoin Cash (why Bitcoin Cash?)
• The team looks forward to: DCG vs Genesis and the BTC halvening in less than a year
• Underappreciated news: Grimes wants you to produce music with her voice and AI but split profits 50/50. The recent news of Coinbase suing the SEC emboldens the crypto industry.

Blockchain technology has paved the way for cryptocurrencies to flourish, however, do we really appreciate this monumental shift in distributed ledger technology or it's no big deal?

In this guide by Collective Shift. We explore what blockchain technology is, what the big deal is and briefly, blockchains and their consensus mechanisms.

Beginner Question

Do you think we can have cryptocurrencies without the blockchain?

Collective Shift Resource:

What is Blockchain Technology?

Timestamps:

00:00 What is Blockchain?

00:55 Blockhains

01:37 Blockchain Vs Crypto

02:30 Whats the big deal?

03:27 Data Ownership

03:55 Transparency

04:18 Conensus

The team at Collective Shift highlight the recent news in crypto for the week. Market updates, SEC going after Bittrexx and naming multiple tokens as securities and of course crypto companies migrating from the US to the international stage

Key Takeaways 

1. Infation in the UK hits hard at 10%. A worrying sign of the future
2. BTC and ETH down 10%, but zoom out, we're up 90% this year
3. SEC news: Enforcement action agasint Bittrexx and 6 altcoins, including DASH and OMG
4. Gary Gensler faces the heat in congress, could not give an asnwer on if ETH is a security
5. Gary may face his own job loss as new legislation comes in to fire him for overeaching. 
6. Positive news: Euro pegged stableocoin on Ethereum, Helium and Render's successful migration to Solana and Russia to use Crypto for international settlements
7. The team give one underappreciated news item this week: Pokemon Cards and y00ts

Timestamps:

00:00 Introduction

00:22 Markets 

01:16 BTC

03:00 SEC

09:00 Gary Gensler

12:25 DEFI

14:50 Positive News

18:05 MSTR

22:00 SUI

24:22 MICA

27:29 Underrated