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  • #032: 📈 Introducing Nebula - The Decentralized NFT Marketplace

#032: 📈 Introducing Nebula - The Decentralized NFT Marketplace

🔮 Could Cardano's NFT-ecosystem become more unified and connected with Nebula?

Author

Laura & Sooraj
January 27, 2023

Welcome to This Week In Cardano

Read time: 5 minutes

If you want to:

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  • Use a metric-base assessment framework to make informed decisions

  • Have example assessments of major Layer1s already bring you way ahead of 95% of the people in the space

Then this eBook is for you👇

A 3-Step Metrics-Based Assessment Framework for Layer1 Blockchains (eBook) (ENG)

🏆 The First Book in Crypto that provides a metric-based Assessment Framework to evaluate Layer1 Blockchains based on the dimensions of the Blockchain Trilemma. It's an easy-to-understand and accessible Assessment Framework for blockchain evaluation based on the 3 dimensions of the Blockchain Trilemma indicating the degree of decentralization, scalability, and security.❓Maybe you know some or all of this: ❌ You are new to the crypto space and you feel lost in all the diverse and opposing information❌ You don't know where to look for trustworthy information❌ You have no time to do endless hours of research❌ You have been in the crypto space for a while and you are tired of all the hype and coin pumps.❌ You want to build your profound understanding of different blockchain projects❌ You want to understand the differences between projects from a fundamental, metrics-based perspectiveBut don't worry. We have been there, too. This is why we wrote this book!When it comes to classical stock evaluation, standardized frameworks, metrics, and procedures exist.What is already common sense in this asset class is a green field in the crypto market. Here, many bases their investment decisions due to complexity and information asymmetries on following the hype on Twitter or the narrative of influencers who might just want to dump a coin.This eBook sheds some light on the currently unstructured, distributed, and inconsistently crypto asset market.🤔 How is this possible, you might ask?The ebook provides you with a go-to framework for a Layer1 Proof of Stake Blockchain Assessment.......so that you will be able to understand:✅ What is the difference between stock evaluation and crypto assessments?✅ Why is a metric-based Assessment Framework essential to evaluate Layer1 blockchain projects?✅ What is the Blockchain Trilemma and why is the Assessment Framework based on it?✅ What metrics does each dimension of the Blockchain Trilemma contain?✅ How to apply the Assessment Framework - A simple guide.✅ Example assessments that show you step-by-step how to apply the Assessment Framework✅ A list of resources to research the metrics and to conduct your own assessment of Layer1 blockchains. 💎 How you benefit from the book:💎 You gain fundamental blockchain knowledge you would need weeks or months to collect the information from websites, Youtube and Twitter💎 You have a go-to framework that provides an understanding and gives an indication of the status quo of Layer1 Proof of Stake Blockchains, regarding their degree of decentralization, scalability, and security 💎 You have guiding principles and fundamental metrics at hand that helps you when it comes to making investment decisions. (because conducting such a quantitative assessment before making an investment decision should be a prerequisite for everyone in crypto for the long-term game.)💎 The provided example assessments of major Layer1s already bring you way ahead of 95% of the people in the space who just follow the next best Crypto influencer when it comes to their investment decisions.📖 What you will get - A sneak peek into the outline of the bookIn chapter 1 we will dive into the crypto assessment and shed light on why a metrics-based assessment framework is important.Chapter 2 deconstructs the development of the L1 Proof-of-Stake Blockchain Assessment Framework based on the Blockchain Trilemma and provides a detailed step-by-step guide and explanation of what metrics the Assessment Framework comprises.Chapter 3 provides example assessments of major Layer 1 Blackchins and demonstrates the practical application of the developed framework. Finally, Chapter 4 provides you with the most basic resource links to apply the Assessment Framework to conduct your own assessmentThis Assessment Framework has been deliberately designed to be as simple and accessible as possible so that also crypto beginners can work with it. I hope it will help you to start analyzing the fundamentals of existing or upcoming blockchain projects and to make more informed decisions.🎁 After you buyAfter you purchase the eBook, the download link will take a few minutes to come to your email inbox due to PDF stamping. Make sure you enter the correct email address at checkout. It can take up to 10-15 minutes before you receive the link. Be patient :)What if you haven't received the link?If you don't get the email with the link within 30 minutes reach out to us and we'll send it manually as soon as we can! Gumroad can act up sometimes :( ⚠️ Important noticeThis is a PDF download. No physical product will be mailed to you.We don't accept returns of the eBook - for obvious reasons. Make sure it's for you before you buy.

https://bit.ly/3PXcPcR

Hi Cardano Community,

Welcome to This Week In Cardano - your daily Newsletter covering the major updates in the Cardano Ecosystem!

This is what we have for you today:

  • 📈 Introducing Nebula - The Decentralized NFT Marketplace

  • 🔮 Could Cardano's NFT-ecosystem become more unified and connected with Nebula?

  • 💎 Gem of the Day

This Week In Cardano

Your Daily Newsletter covering all major events happening in the Cardano Ecosystem

Introducing Nebula - The Decentralized NFT Marketplace

Welcome to this week's edition of "This Week in Cardano"!

In today's newsletter, we're excited to introduce a new open-source protocol called Nebula.

Developed as an open-source marketplace contract for non-fungible tokens (NFTs) projects, Nebula aims to provide a comprehensive and user-friendly tool for all NFT projects.

What is Nebula?

Nebula is an open-source protocol built by the team behind SpaceBudz (Zieg and Alessandro) and it is designed to serve as a marketplace for a wide range of non-fungible token projects.

It was initially developed as a marketplace for project SpaceBudz; the Nebula protocol has been crafted to be highly adaptable.

Its development began a few months ago and continues to evolve with the goal of providing a comprehensive, user-friendly marketplace for all NFT enthusiasts.

The Advantages of an open source NFT Marketplace

When you launch a marketplace using the Nebula protocol, you have complete ownership and control over it.

You are not dependent on any centralized parties or intermediaries, giving you the freedom to manage and operate your marketplace as you see fit.

 How Nebula Connects the Cardano Ecosystem

As more and more marketplaces are established using the Nebula protocol, a vast network of interconnected marketplaces is created.

These marketplaces can be seamlessly integrated and combined to form powerful aggregators, which offer many of the same features and benefits as a full-fledged marketplace, but with significantly lower operating costs.

 The Benefits of Running an Aggregator on Nebula

Running an aggregator is a highly efficient and cost-effective endeavor, requiring minimal management and resources. Even a small team of a few individuals can effectively operate an aggregator.

These aggregators will compete with one another, striving to offer the most competitive fees and costs to attract customers and sellers.

The Future of NFTs on Cardano with Nebula

With the establishment of the Nebula protocol, the entire Cardano NFT ecosystem could become connected and unified, making it possible for NFT listings and bids to be easily accessible across the entire network.

When you list an NFT on your marketplace, it automatically becomes available on other marketplaces that aggregate your marketplace.

This feature allows for a greater reach and exposure for the NFTs on your marketplace.

It's worth noting that similar functionality exists in existing marketplaces on Cardano, however, the current process of setting up and connecting these marketplaces is often complex and time-consuming.

Nebula requires minimal effort to get it up and running

Nebula, on the other hand, was designed from the ground up to be easy to set up and highly flexible.

Additionally, the fact that Nebula is written in JavaScript makes the experience of using the protocol very convenient and developer-friendly.

Conclusion

Cardano is a decentralized network that has the potential to empower people and creators. A decentralized marketplace for NFTs built on top of Cardano would help to fully realize this potential by bringing power back to the people and avoiding single points of failure.

This would create a truly decentralized ecosystem where creators have full control over their own NFTs and marketplaces, and where the community can flourish without any centralized interference.

Nebula is still in development, but is slowly taking shape in a promising way.

Interested in sponsoring this Newsletter?

💎 Gem of the Day 🧵

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