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We are excited to announce that Unto Labs has raised $14.4 million in funding from Electric Capital ⚡️ and Framework Ventures to build Thru, a next generation base layer blockchain. To bring L1 blockchain performance to parity with global scale applications, it takes more than putting a

Thrilled to partner with Unto Labs as they build Thru, a next-gen base layer built for performance and scale. Having previously worked with CANTELOPEPEEL and been looking for the opportunity to work with bebop for nearly a decade, it was a no-brainer to invest and double

I have known CANTELOPEPEEL for three years now. I'm lucky to have come to know who I believe to be a truly special technologist, one you only meet once in a lifetime if you're lucky, let alone get the privilege to work with every day. /1

To have great and trusted friends who you can go into battle and business with means everything. These are the comrades that are going to always be in your corner even when times get tough and when it seems the world is getting the better of you. My cofounder bebop, our

Our mission at Ellipsis Labs is to build the best on-chain markets. Today—six months to the day from launch—I'm excited to reveal we are the developers of SolFi. SolFi has serviced over 100 billion dollars of trading volume on the most competitive on-chain markets.

Figuring out how to get inclusion in LLMs is the next growth hacking meta for founders For example asking ChatGPT, "where do i buy bitcoin" and understanding how it is choosing the products in the response and how that ranking is formed will be critical in distribution

A similar thought to LLMs as distribution for products is LLMs as distribution for tokens. goodalexander was early to this but studying what models think about tokens will probably become increasingly important as their usage continues to increase (not financial advice)

why do most crypto apps still require you to click "open app" when you go to their website instead of just showing the app as the default landing page?

seeing all the microstrategy clones emerge reminds me of ohm and the ohm forks from last cycle as the forks unwinded and failed, they invalidated the mechanism of the original

Coinbase charges consumers 44x what they charge institutions Average net take rate of 1.40% vs 0.03% is crazy Hyperliquid

Internet Capital Markets just hit the trenches

one of the most interesting signals is to see where the wealth effect flows when the industry comes out of local bottom believe made $570k today putting it just below maker/sky believe also paid creators $570k today internet capital markets

Application revenue funds open source projects sustainably Last cycle most app revenue was on Ethereum which helped fund open source work My guess is the next developer report update will show a large increase in open source development in Solana as app revenues shift

the shift on ct to revenue and fee tracking is really healthy for crypto markets revenue is not evil revenue is usage driven market feedback revenue gives teams freedom from the endless cycle of fundraising and the opportunity to control their own destiny

On-chain token distribution is broken. Many teams want to raise capital efficiently and distribute tokens to real users, not to snipers and sandwichers. Gavel is a platform for equitable on-chain token distribution and liquidity bootstrapping. It is live today on Solana!

Fun to do some light mechanism work, all inspired by the question: how do we build an on-chain token distribution product that is verifiable and competitive with centralized exchanges? Gavel is our answer.

Crypto can enable capital formation for credible enterprises while minimizing friction, but today's mechanisms are extractive and broken. Enter Gavel : - Sniper-resistant auctions for sourcing capital - Day 1 price discovery without frontrunning Internet Capital Markets

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