1. 反思：这波Move2Earn，Learn2earn的非游戏类项目能做起来是我们之前未曾预料的，虽然Genopets是最先提出Move2Earn的概念，但我们投资Genopets的逻辑是从游戏角度出发，而且“Move”本身。

   Myth：我们认为仅仅是将web2软件+P2E的经济模型不会work，用户圈层不同，原有的web2用户无法带过来到新应用——链改失败的原因

   Conclusion: a. 类似Stepn，Letmespeak的软件本身在earn的作用之外，还有其实用的功能，比如健身和学习英语，其实变相解决了当前P2E游戏项目的除了打金之外没有可玩性的问题，一旦用户投入时间而又不care绝对收益，整个P2E经济模型的收益周期就会延长。

   引申：相比于健身，英语等有实用功能的应用+P2E的模式，我仍然更看好更看好Gamefi赛道，只有可玩性不输传统游戏，又有crypto特色激励机制的产品才能最大限度的捕捉用户的注意力和时间。

   原因简单来说，游戏是让人沉迷的，而健身/学英语却是反人性的，从传统游戏头部公司和健身应用头部公司估值可以大致判断。只不过在还没有类似产品出现的当下，Move2Earn/Learn2Earn等等产品的确有效的填补了市场空白。其他没有学习成本又容易上手的应用比如小游戏、工具类软件等都有机会P2E改造。

2. 昨天买了几个Fresh Fools，社区有点像Mfer 那种氛围，很meme，挺有意思的，不作为投资建议。

   Must Read Today:

   1. Mina Protocol research from Messari

      https://messari.io/article/mina-protocol-small-but-mighty

   2. Delphi Digital analyst on Treasure DAO

      https://twitter.com/0xPrismatic/status/1508081582044856326

   3. Richard Chen & Jason Choi on NFT investment

      https://twitter.com/JavierAng_/status/1508166774725885952

  [OFR](https://ofr.asia) is hiring: 

  **Investment Analyst / Research Assistant/ Marketing & Operation Assistant (Interns):**

  Responsibility:
  * For RA: Conduct industry research and publish research reports with a full-time researcher
  * For Analysts: Carry out full investment procedures from deal screening, due diligence to deal closing together with the investment team
  * For Mkt and Operation: Assist our marketing and operation team on marketing activities planning and execution

  Requirements:
  * We treat our interns as future investors and entrepreneurs therefore we prefer candidates who:
    * Self-motivated and self-driven; determined to choose Web3 as a long-term career path
    * Have flexibility in working time; ready to take 3 months or longer internship
    * Outstanding academic background is a plus; but we are very open to talents with diverse backgrounds

  **General requirements for all positions:**
  1. Location: remote, based in a crypto hub is preferred
  2. Can use English as a working language.
  3. Accept payment with crypto
  4. Please submit your CV together with your eligibility proof (Such as research reports) to [hr@ofr.asia](mailto:hr@ofr.asia)

  **We Offer:**
  1. Salary: Competitive salary (based on experience)
  2. Work with friendly colleagues from global
  3. Other Web3 style incentives (NFTs, Token bonuses,...)