Making strategic decisions requires having awareness of global and industry trends. Following is a brief review of the state of the blockchain space I shared with the Zeppelin team. Thought it was a good idea to share it with the broader community of entrepreneurs and buidlers.

A bear crypto market

The drastic rise and fall of crypto prices led to:

  • Exchanges making lots of money by ushering new users as fiat on-ramps (e.g. Coinbase) and enabling lots of transactions on their platforms (e.g. Binance). …

After the fun we had with last year’s Ethernaut hacking game, we’re releasing EthHunt, a new game to celebrate Zeppelin’s sponsorship of Devcon4!

EthHunt is a collaborative game in which people from all over the world will be competing in real time, looking for unique pieces to a single puzzle. Prizes totaling $1,200 USD will be divided equally among the finders of each piece.

How to play EthHunt

There will be 12 pieces to the puzzle — represented by ERC721 non-fungible tokens) and each piece is hidden behind a riddle that must be solved. Hints will be provided for each riddle.

By Demi Brener and Connor Spelliscy

The fear, uncertainty, and doubt in crypto have slowed the pace of innovation in the space.

Current blockchain protocols lack an effective governance mechanism that ensures transactions comply with rules. Such rules may be imposed internally by stakeholders in the crypto ecosystem or externally by the relevant regulatory frameworks governing blockchain transactions.

The adoption of a governance mechanism that enables compliance with all sets of rules would allow for efficient and decentralized transactions, while also encouraging the broader adoption of crypto. …

Blockchain technology empowers the individual, holding the promise of an open financial system. While it has steadily matured over the last few years, significant challenges remain, in particular towards integration with the traditional financial system. If performed wisely, this integration could lead to a new system in which the usual power relations are inverted, and individuals are in control.

This process, however, might put financial innovations at risk if exclusively driven by institutions that will tend to favor the status quo. …

In A Path Toward Better Token Sales, we covered how token sales originally met a critical need in the blockchain industry: access to capital and distributing tokens to the community. As the industry matured, however, new avenues of funding became available. Today, we believe the industry is ready to not only improve on how token sales are structured, but also explore alternative funding options altogether.

We’re seeing a very similar evolution play out with founder’s tokens. Originally, founder’s tokens helped meet a great need in the blockchain space. …

Public token sales have successfully bootstrapped a growing number of blockchain projects, including major platforms such as Ethereum. This new fundraising method has helped dozens of projects raise nearly $2 billion this year, giving token holders ground-floor access to the growth of new networks.

In the early days, blockchain projects used clever economics and incentives to bootstrap networks upon their release. Public token sales accelerated this process while providing development funds. This was especially valuable considering blockchain projects were still in their infancy and investors considered them too risky to invest. …

Last month we announced zeppelinOS, the operating system for smart contract applications, and provided a technical explanation of how it will work.

As recent hacks have made clear, it’s very hard to securely build and interact with smart contract applications. This prevents the full breadth of decentralized applications to reach their full potential. zeppelinOS aims to solve this is by aligning network incentives to establish, grow and maintain an ecosystem for easy development of secure smart contract applications.

Today, we are releasing the first public version of the zeppelinOS whitepaper. …

From private silos to open ledgers — a $2.5 trillion opportunity.

Today, 5 of the 7 world’s largest companies are software companies:

These software companies are powered by data. Apple, Google, Microsoft, Amazon and Facebook built huge businesses by gathering, managing and selling their users’ data.

Companies get this data by building products people enjoy using. They extract economic value by owning the data, selling it to advertisers, and using it to improve their products and services. Proprietary databases have become their most valuable asset, creating huge barriers to entry that prevent startups to compete.

These 5 tech giants have a combined valuation of $2.5 trillion dollars.

Zeppelin Solutions is a technology company focused on improving blockchain technology, security and infrastructure. We believe an open, global economy is critical to enabling economic freedom in the world. At Zeppelin Solutions, we build software to grow and protect the core infrastructure of an open economy, powered by blockchain technologies. Formerly known as Smart Contract Solutions, we’re excited to announce our new endeavor, Zeppelin Solutions — the evolution of our efforts to build products, services, and networks to allow businesses and consumers to participate in this open economy.

In this post, we communicate our vision for Zeppelin Solutions, how we’ve…

Token sales have emerged as a fundraising alternative to traditional venture capital. To this day, $380+ million have been raised through public token sales — 60% of which occurred in the past 2 months.

Being a new fundraising mechanism, a blueprint for executing a successful token sale doesn’t exist yet. This makes planning and implementing a successful token sale difficult.

At Zeppelin Solutions, we help companies issuing and selling tokens to build smart contracts and audit code. Based on our experience, we’ve identified 4 stages every company conducting a token sale must undergo to be successful. …

Demian Brener

Co-founder, CEO at OpenZeppelin. Creator of Streamium and TPL protocol.

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