
maven88**
@1m5nswath
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A year ago today, Read Write Own was released. So much has happened in crypto since then.
The past year, I spent a lot of time traveling and speaking at events—some crypto-focused, some not. Even as crypto faced regulatory uncertainty in Washington and sustained criticism from mainstream media, I kept hearing something different from the people I met: passion and optimism. There was a clear gap between the narrative out there and what I was seeing on the ground.
So, while I’m excited to see the tides turn with growing bipartisan and institutional support, I’m not entirely surprised. Crypto was never going away. At some point, the value of what blockchains enable—stablecoins, DeFi, AI systems, games, social experiences, and more—had to be recognized. We’re still far from the full vision I described in Read Write Own, but we’re moving forward.
Huge thanks to all the founders, builders, and supporters who tuned out the noise and kept building. Onward. 27 replies
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The main reason that Stack had so much volume this week was that a lot of people came over from Solana, after Clout didn't work so well in practice. All of the analytics point to this.
Our approach was very pro-social, because 1% of all volume is given automatically to the underlying account, as well as 30% of the tokens dripped over a year, without the underlying account needing to do anything. We did $8m on Base in one day without any technical issues, and we sent hundreds of thousands of dollars in value to Ethereum addresses this way.
But something that I have to say, because it feels a bit alienating, is that a lot of people in the ETH community kinda had a go at dunking on us. People logged on, saw $80 in their portfolio, and said "meh, this is confusing" – even though no app in history has probably ever done that before for a new user.
Kinda sad that after 8 years of building on Ethereum, it's harder than ever to feel motivated to build for its community members. 7 replies
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