How To Value Blockchains + Investment Frameworks w/ Michael Nadeau | #334

Is there a standard formula we can use to start valuing crypto assets? What metrics even matter? Is it fee revenue, MEV or something else? That is what we discuss in today's episode with Michael Nadeau, founder of DeFi Report. 🤝 HELP US GROW 🤝 Subscribe to our YouTube channel 🥛 Get smarter about crypto in 5 minutes with our daily, free newsletter: ⁠⁠⁠⁠⁠ ⁠⁠https://link.milkroad.com/pod-newsletter⁠⁠ 💰 Go PRO and become a better investor with the #1 crypto research and analysis: ⁠⁠https://link.milkroad.com/pod-pro⁠⁠ ✊ Follow Milk Road on Social Media: 👉 Milk Road Twitter: ⁠⁠https://link.milkroad.com/pod-x⁠⁠ 👉 Milk Road Instagram: ⁠⁠https://link.milkroad.com/pod-ig⁠⁠ 👉 Kyle's Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠https://link.milkroad.com/pod-x-kyle⁠⁠ 👉 Jay's Twitter: ⁠⁠https://link.milkroad.com/pod-x-jay⁠⁠ 👉 Spotify: ⁠⁠⁠⁠⁠⁠⁠⁠https://link.milkroad.com/pod-spotify⁠⁠ 👉 Apple Podcasts: ⁠⁠https://link.milkroad.com/pod-apple-podcast⁠⁠ 🎙 GUEST INFO 🎙 Michael Nadeau Website:https://thedefireport.io/  X: https://twitter.com/JustDeauIt  LinkedIn: https://www.linkedin.com/in/michael-austin-nadeau/ ⏱ TIME POINTS ⏱ 00:00 - Intro  02:14 - Michael’s background 04:05 - Where are we in this cycle? 11:55 - How to value blockchains 19:24 - Comparing different blockchains 22:25 - Fees 26:08 - MEV 28:39 - Thoughts on L2s 32:31 - Where is the value really going? 35:11 - Final thoughts