venturecapital

https://x.com/lessin/status/1914450043425427506?s=46&t=LUwp6CEG8bj71wefilcCmQ

Crypto competitive intensity is dramatically lower than AI. 

But crypto total addressable market today is dramatically lower (in terms of # of consumers). This is because there are too few people with funded wallets actively transacting onchain every day.

The chasm to cross is grow number of users with funded wallets transacting onchain using crypto apps.

Huge contrarian, alpha available to investors who back the teams that crack the user problem.

Opacity

The /opacity thesis is you have to be able to do useful things to attract users.

@dawufi can you tag dan he’s muted me

thot leadership at /opacity --
host of vibe check podcast 
▶️ https://pods.media/vibe-check
❄️ icebreaker.xyz/dawufi

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

The /opacity thesis is you have to be able to do useful things to attract users.

@dawufi can you tag dan he’s muted me

https://warpcast.com/eulerlagrange.eth/0x7d04b57e

Working on building zkTLS infra/products. A ruthless empiricist and meme connoisseur.

/opacity
/eulerlagrange

Tagging @dwr.eth like it's my job


Because it is


Until I get muted at least