India is the final frontier for many tech giants to establish global relevance. Be it Google in the early 2000s or Spotify more recently, Indian users have become a substantially large market for ventures to blitz scale. India has over 700 million internet users — roughly twice the size of…


One of the biggest questions most founders have in whats seems like a bull-market is often “ Am I doing something wrong”. It looks as though money is falling out of the sky on everyone with a dot finance domain and many founders building on sound economics often get lost…


I wanted to see how traditional credit scores are coming to DeFi today. The challenge with DeFi today is that almost nobody outside the ecosystem can use it. Individuals without tokens cannot deposit collateral and thus cannot get a line of credit. Similarly, those without digital assets cannot offer it…


I dug into stablecoins for the first time in December 2019. If you had told me then that the market-supply of tokens in the space would cross $10 billion and user-count could be close to 100,000, I might have written you off as an optimist. And yet, here we are…


March 2020 may have been the worst month to be in blockchain-related ventures since February 2014. The last time I had observed so much fear and pain, Mt Gox was going down after months of reported insolvency. Ironically, six years later, another exchange (Bitmex) played just as crucial a role…


Bitcoin’s rising price has often been both a boon and a bane. A boon because it incentivises individuals to connect to the network. A bane because it inevitably forces individuals to look at a single metric when it is far more than “number go up, number go down”. It reduces…


Note : If I were to be idealistic, I’d likely have only DAI in this data-set. However, markets don’t really care about my idealism. As much as there is controversy around USDT today — fact remains that it is a crucial component of the stablecoin ecosystem. I would appreciate it…


Photo by Craig Sybert / Unsplash

Decentralised applications are hailed as the pathway to massive adoption. It seems the hype around much of them has been slowly dying out. The present status of DApps are very similar to the state of the internet before the launch of Netscape and sadly enough, Brave’s rapid growth may not…


Blockchain Founders Raise over $822 million by Q2

Despite several strong indicators in both network activity and user growth price continues to lag well behind the highs of 2017–18. The ecosystem is more robust and becoming increasingly professionalised with several new institutional participants

All on-chain indicators hint at what is about to come

Markets and the weather hold one common attribute — they function in cycles. The token…


Peer-to-peer electronic financial instruments

Bitcoin is a peer-to-peer electronic cash system. DeFi is a peer-to-peer electronic financial instrument system and refers to projects that are using cryptographic tokens and blockchains enabling anyone to issue, transfer and own financial instruments. The maturity of the Ethereum network has resulted in a slew of projects that are…

Joel John

Principal at LedgerPrime.

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