Here is a breakdown of the SBET/Consensys Consortium and the writing on the wall. Sharplink Gaming is the liquidity layer for Linea; more than likely, BMNR will put their liquidity here as well. With that liquidity, projects can bootstrap and launch new cutting-edge DeFi protocols to attract yield. Linea is the new ETH-aligned L2. Why is it ETH-aligned? Linea fees go towards buying back and burning Linea and ETH. 80% of fees burn Linea, 20% of fees burn ETH. This is a dramatic change compared to other L2s. Why Linea and not OP, ARB, or Base? Linea has ZK proofs. This is what institutions want to keep up with the speed of classical execution models like the NYSE. Reference: So how does this all wrap up together? Joseph Challom, who was sixth in line from Larry Fink at BlackRock, is the SBET CEO and is here to bring institutions on-chain for RWAs, stablecoins, and tokenized stocks. He rolled out both the BTC ETF and ETH ETF while at BlackRock and is probably the most capable...
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