This is why people have to accept that prediction markets have a massive oracle problem. Anything contentious (which is theoretically THE moment PMs become so valuable) just turns into a Keynesian beauty contest for UMA stakers If only someone were solving this :)

"is this a good idea?" A chain of imitation: 1 asks 2, believing them smarter 2 asks 3, for the same reason 3 quotes 4's old blog post saying "no" Result: an "obvious" consensus on no

Arresting the founder of Telegram makes me trust it more than Signal. No press is bad press.

some thoughts on defi and MegaETH as someone who’s committed the last five years of life to this space, I’ve forced myself to believe that defi products will *eventually* be better than any tardfi or cex equivalent. otherwise why even be here? I continue to stand by ethereum

. Lei Yang Σ: is an engineer by trade. problem -> solution and doesn’t think too much about storytelling it’s the kind of CTO you want

have long considered prediction markets to be information derivatives relevant for any pricing terminal to include soon tradingview as well. think this is a tip of the icebergy moment

Good post! Adding on: What do users care about when using apps? 1. Does the app solve problems (status, money, time)? 2. How many steps it take to reach final result? 3. How long it takes on each step of the user journey? On the first 2 points, at Mega Mafia, teams

i’m still in this imessage group chat with degen friends from last cycle. the notifs used to ping non stop with nft / defi alpha on an hourly basis. nowadays it’s all nvidia / ai / earnings talk with no mention of crypto besides the occasional sol bullpost it’s pretty clear to

crypto has so many fascinating lessons in attention economics buried in its history

can someone explain how DA is even a business

one of the billion $ use cases of crypto is tokenizing non-financial assets. google and meta ultimately do this with your data but can't extend it outside of their ad-based needs. some good case examples: friendtech: tokenized SM influence pump dot fun: tokenized iso attention

I disagree with this line of thinking (which many VCs actively push btw). there are possibilities within crypto that web2 never dreamed of only chase after the 1000x. the marginal 2x is not worth your time think freely. think differently

1/ I'm excited to share that I’ve joined MegaETH as Head of Eco Jumping to the operator side wasn’t on my bingo card at the start of the year, but after spending time with brother bing / mega-bing / 饼兄, namik // mega-chef, and the Mega Mafia builders, it was a no-brainer So why Mega and why now?

wait how do y’all know who’s winning without dexscreener

basically all of 2023-24 has been copious hope for top-down inflow of capital (ETFs, liquid funds) rather than bottom up innovation this trend cannot last forever, we need great apps

not every new user is going to be driven by the decentralization ethos or wanting to make lots of money indeed strong motivators but solely focusing on those for user acquisition is an overgeneralization of what crypto actually does for the world

the new growth meta is all about founder-led brands. why..? - personal stories hit harder than a logo ever could - growing fatigue with mass-produced content - increasing desire for genuine, niche connections - if ppl like you, they'll trust what you create two examples