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Do Appchains Make Sense?
Published on Oct 22, 2024

Sponsor: Cartesi — Discover the power of Linux for your ambitious dApps, only on Cartesi.

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NEED TO KNOW
Scroll's Rough Launch
  1. 📜 Scroll Scroll Launches SCR Token to Significant Community Frustration. Scroll opened claims for its SCR airdrop, but the token's arrival has disappointed more than a few users.
  2. 🇦🇷 Buenos Aires Taps QuarkID to Roll Out ZK Digital Identity Program. It's the first government to adopt decentralized identity for its millions of citizens.
  3. 🌤️ Is Maker Already Regretting Its Sky Rebrand? Maker's rebrand to Sky has divided its community; its founder appears interested in a do-over.
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MARKET VIBES
Apes Strike Back

📸 Daily Market Snapshot: The NFT market's brutal years-long reckoning has hit few communities harder than Bored Ape Yacht Club, but the VC-rich team built around the project has been determined to keep the action going for its flagship collection. Its latest moonshot bet is ApeChain, which launched this week and has been causing volatility to spike – APE is the biggest gainer on the week, up 77%, but also the biggest loser on the day, down 17%. Where will it settle?

Prices as of 5pm ET 24hr 7d
Crypto $2.33T ↘ 0.5% ↗ 1.7%
BTC $67,477 ↘ 0.3% ↗ 1.1%
ETH $2,631 ↘ 1.6% ↗ 2.1%
SCR $1.18 ↘ 15.3% ↘ 6.5%

📜
New Token Rating: Scroll tokens are down 16% from when airdrop allocations were liquified late last night. What does the future hold for the recently launched SCR?
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ANALYSIS
When Do Appchains Actually Make Sense?
Bankless Author: Jack Inabinet

As Ethereum Ethereum continues steadfast in its pursuit of rollup-centric scaling, one glaring question continues to go unanswered: when do appchains actually make sense?

Uniswap’s recent announcement of the Unichain has reignited debate about when it's appropriate for an application to launch its own chain, and although community consensus has yet to be definitively reached, Unichain appears to be a perfect case study for this broader question.

Today, we’re dissecting two drastically different rollup-based constructs and discussing why not all appchains are created equal 👇


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No es asesoramiento financiero ni fiscal. El contenido de Bankless es estrictamente educativo y no constituye asesoramiento de inversión ni una solicitud para comprar o vender activos ni para tomar decisiones financieras. Este boletín no es asesoría fiscal. Consulta a tu contador. Investiga por tu cuenta.

Divulgación. De vez en cuando podemos incluir enlaces en este boletín a productos que usamos. Podemos recibir comisión si realizas una compra a través de uno de estos enlaces. Además, el equipo de Bankless posee criptoactivos. Consulta nuestras divulgaciones aquí.

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