Follow the money - how to properly evaluate the potential growth of an L1 (part 1)
Blog iconQED research
Aug 17
This article is partially based on Taiki Maeda’s “Humble Farmers Thesis”:Ethereum alternatives, also called Layer 1s, have outperformed the crypto market by a lot this past bull market. The explosive rise of many of them has drawn a lot of hype and money into the altcoin sector. Much of that capital came from yield farming, often financially incentivized by VC firms and early investors. In this article, I will attempt to explain my L1 investment strategy for the coming bull market. Ethereum a...

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