Read on Twitter
. @ARKInvest produces A+ research. Some highlights of their “Big Ideas” report re: crypto:
1. Bitcoin - a 2.5% to 5% allocation by institutions could rise BTC price by $200-500k
2. Bitcoin - if all S&P500 allocated 1% of corporate cash it would increase price by 40k, 10% by 400k
1. Bitcoin - a 2.5% to 5% allocation by institutions could rise BTC price by $200-500k
2. Bitcoin - if all S&P500 allocated 1% of corporate cash it would increase price by 40k, 10% by 400k
3. DeFi - ARK pegs the value of a digital wallet = ~$20k. Although they don’t mention DeFi, find it a good data point/proxy to infer the potential value of crypto native banks.
US alone has 230M digital wallets * $20k = $4.6 trillion TAM
DeFi globally is ~$60B. Some perspective.
US alone has 230M digital wallets * $20k = $4.6 trillion TAM
DeFi globally is ~$60B. Some perspective.
4. Metaverse Economies - revenue from virtual worlds = $400B by 2025. Most of that will come from in-game purchases.
No mention of crypto, but I see a lot of potential for crypto-native games to capture market share given the benefits of provably scare items & interoperability.
No mention of crypto, but I see a lot of potential for crypto-native games to capture market share given the benefits of provably scare items & interoperability.
