0xen 🎩
@0xen
kind of reminds me of back when pepe first popped off in 2023, it was like the only coin that had gone up in two years and obviously a giant deal and people were on farcaster months later being like, 'what's pepe?'
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J Finn 🎩
@jdotfinn
I think that is part of the 'builder' mentality here tho I think basil's main idea to get capital behind the builders is the main one, better to build the next-gen of stuff of here than just be able to trade it
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0xen 🎩
@0xen
my thesis is you won't be a good builder if you have no idea what's happening in the real world. plenty of builders do
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J Finn 🎩
@jdotfinn
ya I agree, but there is plenty of evidence in the startup world over the last decade or two that 'dominating a niche' is the dominant strategy. so sure, these random meme coins pop off on CT via Base or Solana, but very little of it is actually innovative at the core; it is mostly marketing. here, with the pieces being developed, it is a small niche of the net, but some of the stuff could really be breakout imo. better to be in this position than the the opposite. so now is the time to turn on the jets for the 'builders' and focus on distro
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