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Venture Capital Partner Adam Cochran's 10,000-word cryptographic paper Chapter Six: Fifty-X or Zero

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Venture Capital Partner Adam Cochran

Cinneamhain Ventures partner Adam Cochran has released his 2022 crypto thesis and his favorite projects in various categories, which he divides into seven major categories. This article is Chapter Six: Fifty Times or Zero.

Original link: https://twitter.com/adamscochran/status/1476652328736342023

  • 1. God Tier: ETH, YFI, CVX, KP3R
  • 2. Outperforming the Market/Critical Catalysts: FLX, CRV, ALCX, BAL, ZRX, FXS, RBN
  • 3. Outperforming the Market + Top Farms: FTM, AVAX, ZEC, Gearbox, Euler Finance
  • 4. Value-Driven/Long-Term Outperformance of the Market: MKR, HNT, LDO, COMP, RARE, SNX, SYN, GNO
  • 5. Medium Risk, Clear Potential: PERP, FST, CAP, MCB, DPX, HND, API3, ANGLE
  • 6. High Risk, Fifty Times or Zero: GEL, NFTX, RAMP, THALES, PICKLE, BABL, PREMIA, PENDLE
  • 7. Potential: Cowswap, Element Finance, Opyn, Cozy Finance, Pods, Volumex

As the title suggests, all projects in the article are high-risk assets, and Cochran expects most projects to not succeed, aiming to allocate some explosive and high-risk projects in his assets.

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Gelato GEL

Gelato GEL is an automated smart contract execution protocol. Cochran believes that technologies like KP3R and smart contract development tool OpenZepplin could potentially outperform Gelato, but if Gelato can assist any protocol in building correct code, it will be a win for them.

NFTX NFTX

  • The trend of mainstream adoption of NFTs will continue.
  • Mainstream adoption does not mean PFPs will rise.
  • NFT fractionalization may change the trend.

NFTX provides an opportunity for when 100,000 people can contribute a portion of funds for each fractionalized NFT, changing price trends, especially with the rise of NFT platforms on CEX, NFTX will also rise.

RAMP RAMP

  • Aimed at maximizing DeFi capital efficiency.
  • The only viable token.
  • Hundredfold or zero.

Thales THALES

  • Synthetix's ecosystem options protocol.
  • Technically sound, low token price, not as eye-catching as Dopex.

If Ribbon Finance RBN develops, Thales will also grow, and with Thales' token price being too low, Cochran believes establishing a small position is definitely worth it.

Pickle Finance PICKLE

  • Automated re-staking liquidity pools.
  • Severely oversold.
  • One of the yearn ecosystem.

Pickle Finance is still a usable product, with its low market cap and ability to generate external income, it still has the potential for a significant price increase.

Babylon Finance BABL

One of the DeFi infrastructure, token issuance and token economics are not outstanding but can be corrected, user experience is confusing but the technology is reliable.

DeFi is becoming more retail-oriented, Cochran believes wallets like Zapper and Argent will integrate more yield strategies similar to shotgun pools for users in the future, where Babylon will have a place.

Premia PREMIA

A high-quality product that may outperform the overall market with the growth of Ribbon Finance RBN.

Pendle PENDLE

Pendle is a yield market protocol. Cochran overestimated Pendle's development at the beginning because most users do not understand Pendle's function, but if Pendle focuses on education and integration with yield strategies, there will be significant growth opportunities in 2022.