Hashmasks in the Dark Forest, or why DeFi alphas will love farming Name Changing Tokens.

Hashmasks are still keeping me awake at night, here’s why…

The purpose of this article is to briefly explain why Hashmasks will inevitably attract the keenest players in the DeFi world. Having honed their craft in the cut throat world of trading on decentralized exchanges—arbitrage, front running bots, leverage and a whole plethora of secret tricks—these well capitalized whales will find profit in applying their crypto-native mindset and DeFi skillset to trading Hashmasks. Their presence will increase the value of Hashmasks at the same time as it influences how the Hashmasks game is played.

This article is for an intermediate audience that understands the basics of Hashmasks. If you’re just getting started with Hashmasks, please read my introductory article first:

Hashmasks could decenter the art world, upend DeFi, and trigger a dramatic transfer of wealth.

With that background in place, let’s now proceed on a speculative mind journey. I’m going to move quickly and assume that the reader has a relatively sophisticated understanding of Ethereum.