Eshita
@eshita
Most ETHDenver takeaways have covered the market woes, AI hype, and memecoin fatigue. I’ll skip those, but wanted to share a few things that I’ll be thinking about post-Denver:
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Eshita
@eshita
No New Narratives & Rebirth: Right now, there are no sweeping new narratives in crypto. Instead, we're starting to see some leaders emerge within existing categories, and equally clear losers. As project runways dry up or shutdown/get acquired, we will see a surge of new ideas and products driven by available capital and shifting market forces. Builders will shed outdated strategies as they will be forced to become more focused and deliberate (practical).
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Eshita
@eshita
Crypto is becoming practical: There is intentionality in what people are building and working on. It could be because builders aren't expected to define whole categories to push a narrative forward, they are expected to build something that is a step function improvement that targets specific users. Builders are accepting that they are not building for everyone. Time Horizon Illusion: From a number of conversations, I’ve developed much more empathy for current founders. More often than not, a founder’s vision for a product and shipping timelines clash with investor/advisor pressure - this is worse for high-profile projects. The resulting compressed timelines lead to underdeveloped tech, which means core team has to patch in production as the tech debt rears its ugly head - this shows up in issues with external integrations, hacks, end UX.
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