midwits

defi summer was the embryonic stage; innovation flourished: ideas were abundant, infrastructure lagged behind & regulation did not exist  

now infrastructure has improved & crypto has entered the scaling stage

ideas are no longer abundant; emergence has slowed: most of the competition today is recycled & retried ideas, simply now at-scale

this has led to a decline in innovation (ie. low differentiation) but an increase in competition alongside better regulation, which has ushered in an era of fragmentation

this is what we are currently seeing  

as the market is captured, maturity is realized, fees are reduced & regulation stabilizes; we will enter an era of consolidation

this is on the horizon 

once growth largely becomes m&a driven, there is little room for new ideas &  ai will predominantly drive emerging solutions

this means, today, at the token level, if you want to future-proof your project, you must front run consolidation

this is best accomplished with a locked flywheel at the network level

@base builder #001; onchain cities w/ OAK & city3

yappin in /midwits & creating idle rpg /animarising

No one cares about your story until the Win ,
So Win !

𝒞𝒾𝓋𝒾𝓁 𝑒𝓃𝑔𝒾𝓃𝑒𝑒𝓇—𝒮𝓀𝑒𝓉𝒸𝒽.𝐹𝓊𝓃—𝒻𝓇𝒾𝑒𝓃𝒹𝓁𝓎 𝓃𝑒𝒾𝑔𝒽𝒷𝑜𝓇𝒽𝑜𝑜𝒹 𝓃𝑜𝑜𝒷—𝑒𝓉𝒽 𝓃𝑒𝓌𝒷𝒾𝑒 🌴

the discussion revolves around the evolution and future of the crypto market, focusing on the transition from innovation to consolidation

@itsbasil notes the decline in new ideas and the rise of competition, suggesting that to survive consolidation, projects must implement a network-level flywheel

@jessepollak argues that token abundance results in lower market caps, which can be beneficial if managed wisely

@itsbasil counters that excessive tokenization leads to fragmentation and reduced value, emphasizing the need for network-level protection to ensure creator earnings

@ak0o0.eth adds that innovation remains possible amidst fragmentation, but warns against over-reliance on tokenization

@toyboy.eth shares a link for further insights: https://warpcast.com/toyboy.eth/0x07cc2dfc