Crypto’s Biggest Market Structure Problem (Tokens and Equity) This should be a starting point for current discussions, and you’ll find some relevant blog posts, presentations, and interviews in the comments below. 👇 In crypto, we’re always trying to apply quick fixes to

Not what I expected 6 hours later x.com/coinbaseinsto/…

Dinner with Strangers If you are a founder meet us and Catrina from Portal Ventures in Cannes

This is the beginning of us crossing the chasm Those who only play metas with tech memecoins will be crushed in valuations and reputation Those who launch tokens for fundraising and self enrichment will feel the same This Movement of investor protection is the single most

The $CRCL $USDC flippening wasn't on bingo cards

The era of "chain wars" is in the last innings. It's not about monolithic versus modular blockchains. The current landscape is a fragmented mess that needs to be bundled, regardless of the chain. Users don't realize that Base is connected to Ethereum, while Solana operates

It took us years to internalize that we dont have to innovate on structure and value accrual mechanisms. We just have build businesses and it will be fine. We can use equity value nowadays with tokens in more creative ways but went way to south on that rabbit whole. Imagine

Even though AI is all over the place, I haven’t seen this much genuine excitement from non-native venture people about our space in a long time. Apart from a few very isolated top firms, most e.g. Tiger Global rounds in '21, for example, felt like they were just chasing pure

Building community by gifting away your on chain equity is the most bearish thing a founder can say

It may take several years to regain attention, but if you extend your timeframe, it's the most obvious opportunity in crypto One thing with perfect product-market fit in crypto and strong institutional demand is onchain digital art Never sell your collection

Competition is for losers. When people think about GTE, they frame us in relation to all sorts of exchanges and trading apps from Binance, to Hyperliquid, to even Robinhood. If this was the case, (and what we based our north star upon) GTE would be dead on arrival. This sort

Moonrock Capital is heading to New York next week for Permissionless! If you’re around - and you’re building something exciting, or you’re an early-stage founder looking for support - feel free to reach out to me or Vlat. We’d love to meet you. Looking forward to one

gm New York

GM Yappers Turtle.Club (🐢,💚) just got their leaderboard 🐢