J.eth.id 🎩🧑‍🌾 @ethxy pfp

J.eth.id 🎩🧑‍🌾 @ethxy

@jethid

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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
For what its worth, I still believe we have a few more years before the opportunity is shut completely for fresh entrants to raise a ruckus. Watching my parents struggle to use crypto has me convinced the crypto / non-crypto barrier hasn't been broken with sufficient enthusiasm. It is here that I'll be directing my attention as the pivotal spigot to the role crypto should be playing in the world.
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
It was a crazy boom time where it seemed like any college student could grab some friends, hack out an app and become millionaires. This is not unlike the feeling today where you can get some friends to create a new protocol or a new memecoin. Eventually the industry matured and people focused on the critical metrics + revenue (30, 60, 90 day retention / impressions per visit / ARPU) and became much less shiny. Resources and attention consolidated to the giants that began their slow march of monopoly through acquisition or domination.
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
I've found the closest analog to these early years of crypto were the early years of social media. Discovering extremely powerful emotional responses triggered from a CRUD database was like discovering nuclear power from these tiny pellets of uranium. This echos the powerful incentivization enabled by the discovery of digital scarcity. Back in 2006-2012 you had thousands of startups of various sizes building all sorts of variations of social media. In my YC batch during this period, half the startups were working on mobile social media apps of some sort. (SoLoMo, MoLoSo, etc.). There were plenty of high concept, big raise startups that were pure narrative and crashed. There were weekend projects that ended up gaining viral traction and raising VC funding within 72 hours of launch. (Remember Yo?).
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
There's been a clear demarcation between founders who complain that all the attention and liquidity flows to products that aren't their narrative and founders who try to figure out how to capture the narrative. Markets don't promise to give you $X for building Y. Markets aren't rational or noble or give you money for "how things ought to be". You can be stubborn and stick to building your sand castle but you don't get to complain that the market isn't valuing what you've built at "fair" value. The only way forward is to get a better understanding of what people actually want and try to provide a product that offers that. The good news is if you manage to capture a meaningful % of what people actually want, any valuation you have today will look like a rounding error.
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
If you're at Devcon, join /ethxy at the Park Hyatt Bangkok 17:00 tomorrow, Thursday 14 Nov. 🥂 Escape to luxury after a long day of hard events. 🚀 We will be making a special surprise product announcement. 🪂 We will be providing a special airdrop for attendees. 🍾 Look forward to an open bar, upscale food, chic atmosphere. 🔥 One of a kind of degentertainment that you'll be able to indulge. You won't want to miss our premier of the EthXY Degen Reception Privée, our very first live event. https://lu.ma/81idr3at https://x.com/ethxy/status/1856697080028496366
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
1/9 GM Degens, after careful consideration—because it affects you most of all—we’ve decided to share with the community the difficulties we’ve been facing in migrating DEGEN L3 to a new service provider, which has delayed some exciting features. https://paragraph.xyz/@degentokenbase/a-frustrated-migration
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
Keynote #4 is out! Would appreciate everyone’s help to share! https://ethxy.com
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
Keynote #4 is out! Would appreciate everyone’s help to share! https://ethxy.com
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
Keynote #4 is out! Base pixel art MMORPG https://ethxy.com We cover Rock Paper Scissors, the Legendary Frost Armor, Weapon and Mount Set, XP and so much more! https://x.com/ethxy/status/1854358952634441745
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
The third keynote has landed for https://ethxy.com! Celebrating the arrival of characters, the Armory, the Town Square, Energy, Training Points and so much more. Would really appreciate your help spreading the word: https://x.com/ethxy/status/1852112011083289082
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
The third keynote has landed for https://ethxy.com! Celebrating the arrival of characters, the Armory, the Town Square, Energy, Training Points and so much more. Would really appreciate your help spreading the word: https://x.com/ethxy/status/1852112011083289082
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
The third keynote has landed for https://ethxy.com! Celebrating the arrival of characters, the Armory, the Town Square, Energy, Training Points and so much more. Would really appreciate your help spreading the word: https://x.com/ethxy/status/1852112011083289082
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
At Y Combinator, the 3 month program ends with a "Demo Day" where startups present what they've worked on to investors to raise a round. Founders describe it as one of the most intense periods of work where they want to utilize "the most leveraged days of their lives" to the fullest. It's a sharp contrast of atmosphere to 6 months after Demo Day where everything seems slow with a cloud of gloom that feels like it fills the room. I was curious if its possible to reawaken the same energy that led up to Demo Day. Having being through a few "demo days", I think the biggest motivating factor is just not looking bad in public. The pain of social embarrassment spurns a ridiculous dynamo of energy that keeps you up squeezing that last bit of juice. The prospect of getting instant gratification for each marginal goodness is intoxicating compared to the mundanity that is months of no-man's land startup sloggery. https://x.com/j_eth_id/status/1851543506252140964
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
The future of consumer startups is the equivalent of the Food Truck -> Permanent Restaurant -> National Brand pathway. Halal Guys of NYC comes to mind. 🚚 Food Truck Stage - 1-3 team members with off the charts agency. - Raised $0-$2M funding. Team has been able to convince some investors that team is special and bankable. - Seasoned chefs (formerly cooking for large consumer companies) disillusioned with the impersonal, corporatized food they're cooking leave to make their own food truck. - Utilize Vercel, Supabase, other powerful off-the-shelf services to launch. Off-the-shelf food trucks in 2024 are like state-of-the-art kitchens of 2018. - Super opinionated dishes of food with unique tastes that can't be imitated. Food truck drives around gathers a cult following. - Chefs are uninhibited by PM's / "corporate management" / focus groups. They cook only what they want to cook. https://x.com/j_eth_id/status/1850939313154031861
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
There's something magical with a publicly released launch date. There's an utmost focusing energy where you calculate what's highest priority to ship. The quiet determination of your team working as hard as possible to get things ready. The natural ambition to squeeze in that last bit of goodness because the anticipated payoff is immediate as soon as the launch happens. It sounds funny but our best features have usually come after we've announced the date. The secret to a well functioning startup is having a frequent launching cadence. As long as you're shipping genuinely new and innovating things, it's very hard to oversaturate frequency of launch. People love being early to fresh things and you're delighting them by offering a chance to do just that.
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
👀
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
We have our biggest launch with /ethxy on @Base upcoming this Thursday Oct 31 at 12:00 UTC! Your help spreading the word would be appreciated! https://ethxy.com
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
An embarrassing amount of my founder ambition is for never touching a jira ticket again in my life
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J.eth.id 🎩🧑‍🌾 @ethxy pfp
J.eth.id 🎩🧑‍🌾 @ethxy
@jethid
We’re launching big today! Would appreciate your help spreading the word: https://x.com/ethxy/status/1848804905295008146
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