ETH NYC hackathon finalists are all using SBTs. The next narrative is here
OmniscientAsian
1,318 posts
- Markets have been rough the last few days, consuming all CT’s attention. However, innovators and builders will not stop. Today, it’s worth highlighting StarkNet’s bridge, StarkGate Alpha, live on mainnet. Users can move assets from Ethereum to Starknet. @StarkWareLtd A short 🧵
- Can anyone explain why the market is pumping after all this crap?
- Is ZK technology gonna be the next big narrative?
- What started as food meme coin + fork is now about to do a flippening.
- 1/ We have witnessed substantial controversy on Solana’s capabilities as a layer 1 chain this week. Folks claiming Solana to be down, DDoS attacked or “prioritizing attracting ignorant cryptocurrency investors over good sustainable blockchain design”. Let's chat. Thread🧵
- Private market deals in crypto have traditionally been exclusive to well-connected VCs and elite angels, with access to high-demand opportunities being gatekept. Upside should not be just for VCs. Web3 is about public ownership and we should aim to disrupt this dynamic by
- Token2049 vibes = 7 out of 10 people you talk to is a VC. Meanwhile, I have managed to shorten my pitch to 19 secs.
- Ethereum raised 18M ish to become the dominant network of today. Today, all these new L1 (monolithic) chains and L2s need 9 digits of funding to build and scale. Something is not rightMuch of the value in crypto has been built with very little or even no funding. Etherscan, DeFiLlama, DeFi 1.0, etc. still dominate despite huge investments in competition. There's almost no correlation between progress & level of investment — to a degree that's worth studying.
