1/10 As we enter the new year at full speed, we reflect on 2024 to refine our thesis and identify the forces shaping the crypto landscape. Here’s a preview of the themes and opportunities from our latest report.

Full article here:

1/10 As we enter the new year at full speed, we reflect on 2024 to refine our thesis and identify the forces shaping the crypto landscape. Here’s a preview of the themes and opportunities from our latest report.

Full article here: https://paragraph.xyz/@lemniscap/reflections-and-forecasts-2025

Lemniscap is an investment firm specialising in investments in emerging cryptoassets and blockchain startups.

2/10 User & Industry Observations:
• Speculation & the pursuit of financial freedom
• Communities build trust
• Entertainment finance
• Technological empowerment
• Balancing security & usability
• Institutional distrust
• Convenience over ideology
• Regulatory optimism

4/10 Special-Purpose Ecosystems:
Not every chain can be everything to everyone. App-specific chains (e.g., gaming, social, DeFi) and hybrid platforms (CeDeFi) are optimizing for specific use cases, balancing performance, security, and usability to capture niche markets and expand utility.

5/10 Strengthening the Internet-Native Financial Stack:
Stablecoins have achieved product-market fit, powering payments at scale and facilitating global dollar exposure. The next step? Advanced programmability, mobile DeFi, yield-bearing stablecoin adoption, and next-gen payment rails that bridge on-chain finance with real-world commerce.

6/10 Incentivized Crowdsourcing:
DePIN models that disrupt monopolies by rewarding users for contributing bandwidth, compute, data, and more. By gamifying resource contributions, these ecosystems bootstrap resource supply through user rewards, and distribute ownership among participants.

7/10 Consumer Apps & Interface Experiments:
Crypto needs to meet users where they are – on platforms prioritizing simplicity, intuition, and entertainment. By abstracting away blockchain complexity through natural language interfaces and embedding crypto into familiar contexts like memes, social media, and gaming, developers can tap into the general audience that values fun and ease over ideology.

8/10 Crypto-Enabled Autonomous Workforces:
AI agents + blockchains = autonomous workers that trade, manage capital, build apps, grow brands, or power robotics. While still in its infancy, as advanced machine learning merges with DeFi, we anticipate a new class of “autonomous workers” that execute tasks and manage capital at machine speed without downtime.

9/10 For the full exposition on each of these themes and opportunities, read on at our Paragraph:

9/10 For the full exposition on each of these themes and opportunities, read on at our Paragraph: https://paragraph.xyz/@lemniscap/reflections-and-forecasts-2025

10/10 If you're building in these spaces, we'd love to hear from you! Feel free to DM the Lemniscap team
@roderik 
@shaishav0x 
@nicolasantoni 
@sjors-lemniscap 
@grisha 
@blocks
or reach out to us by email.

3/10 Opportunities for 2025 and beyond:
Radical Infrastructure Improvements:
Radical blockchain infrastructure improvements are needed to unify throughput, security, and privacy. Developments on this front are fostering greater scalability, trust-minimized computations, selective disclosure, and cross-chain interoperability – unlocking next-gen user-friendly, private, and composable networks.