Valuing DAOs: What is Axie Infinity Really Worth?
Decentralized Autonomous Organizations, Axie Infinity & fundamental investing
As a hedge fund analyst who invests in publicly traded stocks, my friend from MoneyLemma watched the blockchain revolution from the sidelines. Blockchain is a transformational technology, there’s no denying that. However, many crypto assets don’t have predictable cash flows. Bitcoin, Crypto Kitties NFTs, NBA Top Shots, Ape Memes - all are innovative and…