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Joined May 2022
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This is the official list of Blockworks Research analyst accounts.
Anyone DMing you claiming they are from @blockworksres that is not on this list is a scammer.
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Blockworks Research retweeted
1/ Aptos tokenholders overhauled APT’s tokenomics through governance votes in under a month, and the network now generates more from gas fees, which it burns, than it pays its operators.
Token Holder Net Income (THNI), a Blockworks Research metric, turned positive in May and has held since, while Ethereum and Sui still run negative and Solana sits only marginally positive.
Blockworks Research retweeted
We just sent the SEC our comment letter on Regulation Crypto Assets.
Our goal is to give every token one current, public record to make onchain compliance cheaper and faster.
Our asks:
1) Let projects file disclosures through Qualified Onchain Disclosure Agents
2) Let third parties file on behalf of projects
It's time we protect investors so we can protect this industry.
cdn.blockworks.com/s/assets/…
1/ Aptos tokenholders overhauled APT’s tokenomics through governance votes in under a month, and the network now generates more from gas fees, which it burns, than it pays its operators.
Token Holder Net Income (THNI), a Blockworks Research metric, turned positive in May and has held since, while Ethereum and Sui still run negative and Solana sits only marginally positive.
6/ The framework for how far this can go is the Laffer curve. Network revenue is zero when blockspace is free, rises as fees climb while demand holds, and falls once fees start choking usage.
Aptos repriced gas 10x and demand still doubled, while fees remain a tiny fraction of the value moved. That leaves more room on the curve for additional transactions, and higher fees, as platform demand deepens.
Blockworks Research retweeted
Napkin math puts Pump’s expected initial revenue from HL builder codes at ~$4.9M/yr (+0.7% to Pump), the 7th highest builder code.
However, over time it will likely develop into another major line as perps grow, e.g. Fomo HL revenue has ~doubled m/m ($135k June, $1.12M Sept).
Blockworks Research retweeted
I don’t think the market fully appreciates this detail in the latest solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp burn.
Of the 3.06M tokens burned on October 1, 1.24M came from three vesting recipients. Each contributed exactly 414,139 CARDS.
Two wallets, Gxmsu…a2DV and CFxhA…4HAD2, claimed that amount and sent all of it toward the burn within seconds. The first is publicly linked to @TuomHolmberg's profile on @Collector_Crypt.
The third, GT6aW…p6awh, had sold tokens during September. But after claiming another 1.67M CARDS on October 1, it contributed 414K to the burn and retained the rest. No selling was detected after that claim through October 9.
The team selling and supply overhang was one of the biggest concerns of the market and I think it is extremely bullish that the founder and potentially the team has burnt their claims.
Collector Crypt recently carried out a second round of solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp token burn.
Out of the 3m tokens burnt this time round, purchases of unlocked tokens from vesting pool contributed the largest share (40%) followed by protocol owned LP fees (32%) and token buyback funded through the Gachapon machine (27%).
This brings total $CARD burned to 25.5m, which represents 1.28% of total supply (2bn).
Blockworks Research retweeted
The stats show that @Collector_Crypt is the number one onchain collectibles platform, accounting for 51% of gacha volume and 43% of secondary marketplace volume last week.
Now, maybe @ripmartHQ could pave the wave for it to be the number one "offchain" collectibles platform.
