✳flâneur — a map of the web's best reading

The Price of Modularity - by Cody Poh - Mobius Research

hopydoc.substack.com · 1,946 words · saved by 1 readers

Celestia just dropped 6% of the token supply to the early contributors and users of the network; and the token is already trading at more than 2bn valuation on Aevo. As the first blockchain built specifically for data availability, it seems tricky to properly value it since literally nothing is built in the same way as they do in the market. Thanks for reading Mobius Research! Subscribe for free to receive new posts and support my work. Messari also recently dropped a piece trying to triangulate the fair valuation of Celestia with the amount of data users have to pay for in order to justify the current price tag of more than 2bn. In this article I would like to share the way I think about the valuation of Celestia and the logic; and why I thought it could be delusional to value Celestia from a standalone fee perspective. As always I would love to exchange thoughts on this subject matter and hope my perspective would be interesting. How Modularity Works Celestia splits the three compone

The Price of Modularity Cody Poh Oct 12, 2023 6 3 1 Share Introduction Celestia just dropped 6% of the token supply to the early contributors and users of the network; and the token is already trading at more than 2bn valuation on Aevo. As the first blockchain built specifically for data availability, it seems tricky to properly value it since literally nothing is built in the same way as they do in the market. Thanks for reading Mobius Research! Subscribe for free to receive new posts and support my work. Subscribe Messari also recently dropped a piece trying to triangulate the fair valuation

Explore this link on the map →

saved by

related reading