Product

There's still a wide gap between slick consumer crypto UX prototype and day-to-day practicality.

e.g. Passkeys — amazing when they work on the happy path, but plenty of instances where they don't sync, don't work cross platform

Optimistic that the underlying infrastructure will continue to improve in the next 12-18 months. Hopefully in apps and well-tested by the next cycle.

Related: the single biggest UX blocker for most consumer apps that are hoping to "onboard normies" in the upcoming cycle is fiat-to-crypto onramp.

In-app purchases work for small $ and targeted use cases, but getting $100 in a wallet that's deeply integrated with the apps driving the core onchain behaviors is the actual hard thing.

On-ramps require KYC, which is a huge source of drop-off. Why Coinbase has such a big advantage with 100M+ KYC'd accounts.

Agree. An app that wants to mainstream this cycle should let users onboard with no crypto but allow them to earn it by providing value to an entity that’s willing to pay them using crypto.

If you have enough “earning” apps the need for on-ramps decreases a bit.