It is often said that innovative products get built in bear markets. This summer was a far cry from 2017’s “DeFi Summer”, but major developments in the layer 2 front…
The Token Economy – Introducing a Framework for Token Policy
When discussing and analyzing project tokenomics, investors tend to focus on three main areas: – Token distribution & allocation– Token…
AlphaDrops Case Study: CRV, VELO, OP
Over the past few weeks, vote-escrow (or ve) tokens have seen an outsized move in both discussion and price. Through the Coins Profile on SigDev, I was able to quickly…
Make Your Twitter Feed Great Again (Part 1)
Who should you be following on Twitter? Whether you’re an aspiring degen who is just getting started or a seasoned vet who has survived many ruggings, your Twitter feed is…
Consequences of Small Price Bias in Crypoasset Markets and their Implications for Token Issuers
Introduction: Asset prices matter To a rational value investor, the prices immediately before and immediately after a 3:1 stock split are immaterial. The fact that the stock now trades at…
Crypto Correlations: Diversification Benefits of Bitcoin and a Quantitative Review of Within-Crypto Correlations
Importance of Asset Correlations Many investors subscribe to Modern portfolio theory (MPT). MPT provides a model for how risk-averse investors can construct portfolios that maximize risk-adjusted returns (Sharpe ratio). It’s…
What Actually Moves the Prices of Cryptocurrencies?
The research below is an excerpt from our Q3 Quarterly Report in partnership with eToro! Read the full report here: The TIE & eToro Q3 Quarterly Report What Actually Moves the…
Does Github Activity Affect Crypto Prices?
Ever wonder if developer activity drives cryptocurrency price? We explored if there are any trade-able insights to be gained from GitHub commits.