[Serenity Premium] Bitcoin Next: Ordinals vs Layer 2 [Initial Review Mar 2024]
We have recently scanned through the Bitcoin industry. Initially, it started with hunting DeFi in particular stablecoin investment opportunities, but sadly this sector is not there yet. Nonetheless, there are interesting findings we would like to share in this article. Some salient points:
Two branches of technology will likely to work: Ordinals (for the market cap and users it has induced to Bitcoin) and EVM-compatible layer 2 (for the TVL it brought here)
The sector is very fragmented now. An integrated marketplace with liberty to create tokens freely is the key to emerging from chaos.
There are many other opportunities as well, but given our limited (and non technical) efforts, we are not able to cover everything. In this article, we only seek to present our own thoughts, in human language, about the status of this sector.
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