the reason believe is attractive to AI builders is because builders are looking for alternatives to VC. building apps no longer suits the venture model when there are no moats. valuing things based off the DCFs of an app is likely the endgame

hmmmm disagree. believe has fit with AI builders cause it's easy to yeet out an app with AI with relatively little work that you can then later abandon when the coin price tanks

could also say that this is a feature not a bug. depends on how you look at it

yep agreed! this feels like a different category than venture startup building. more like... drops / performances?

i know this is a boomer take but dont see how any of these coins don't end up going to zero?

it increasingly feels like "venture building" will be for the 1% of moonshots (literally as ambitious as going to the moon) and 99% of funded companies today would be better served with alternative financing models like embedded finance and 2-5x