0xScope Newsletter #50: Partnering with Allora
Also: See you at EthCC Brussles, learn about what happens to blockchain networks' daily active users after their airdrops are done, and more.
0xScope Partners with Allora
We’re proud to secure this new partnership with Allora. Together, we will bring the most accurate AI-powered forecasts on token prices, trends, and other high-demand questions that matter to Web3.
Here’s how we’ll work together:
💿 0xScope will contribute data from its Web3 AI Data Layer to Allora’s self-improving decentralized AI network to enhance AI-powered responses and build more use cases for crypto + AI.
🦾 Meanwhile, Allora's powerful infrastructure will greatly boost our upcoming Jarvis AI Agent for on-chain transactions with intent abilities.
Thanks to Allora for supporting our Web3 AI vision. Read our latest article for more details. (Also check out the Allora blog.)
What Happens to Projects' Users When Airdrops End?
Airdrops typically boost a project's user base before they happen, but what do those users do after?
Recently, two airdrops gained widespread attention for mixed reasons. ZKsync's airdrop of its $ZK token was marred by technical issues, while LayerZero's $ZRO airdrop led to chronic network congestion on Arbitrum.
The 0xScope team has compiled an overview of various projects' post-airdrop changes to their user numbers. Read this article for more insights.
On-chain Data
Exchanges’ asset values shrink by $35B this month.
Crypto markets were mostly bearish in June. This has been further evident in this past week’s $8.1B plummet in these platforms’ asset values, adding to the $27B decline of the past three weeks. The sole bright spot this week is HTX with a modest 0.79% rise, while the biggest losers include Deribit (-15.62%) and Bitstamp (-8.93%).
Upcoming Token Unlock for $OP, $DYDX
This week, watch out for the $42.04M token unlock for $OP on June 9, followed by the $11.25M unlock for $DYDX on July 1.
If you're a supporter of these tokens, please be mindful of potential price fluctuations in the days to come, and follow the 0xScope Twitter account for more information.
Company Announcements
0xScope is Coming to EthCC Brussles!
ABCDE Capital & 0xScope will host a special event just for builders and developers! We're setting up Core Dev sessions and debates on hot topics like AI, Modularity, SVM, Memes & VC Coins, MEV, Parallel Execution, and more.
Join us on July 8 at Silversquare North in Brussles for this exciting gathering of the best minds in crypto. Register for the event here!
0xScope Co-Founder’s Recent Twitter Space
Our co-founder Jackson recently shared his insights on capturing crypto trading alpha using AI and Web3 data in this recent Chinese-language Twitter Space.
Subscribe to Scopechat Pro
Scopechat Pro is our new membership system for a next-level AI-powered crypto trading experience. With Scopechat Pro, you can enjoy the following benefits for as little as $14/month for the annual plan!
Subscribe to Scopechat Pro today! Pay using your credit card, Scopepoints, or crypto (we support Ethereum, Arbitrum, Base, and Optimism networks).
Be the Next 0xScope Ambassador!
0xScope is looking for talent! Passionate about growing your community and showcasing your investigation skills? Become a 0xScope Ambassador, lead the charge, and get a chance to be featured here! If you think you are a good fit or know somebody who is, please reach out at hr@0xscope.com.
Quick Bites
Bitcoin falls after U.S. Sends $240M worth of Silk Road-related BTC to Coinbase - LINK
Ether spot ETFs could see $5B of net inflows in the first five months: Galaxy - LINK
Blast token rallies 40% after $2B airdrop debut - LINK
Hong Kong’s hopes for DeFi and the metaverse rise amid regulatory push - LINK
Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M - LINK
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