Last cycle saw the proliferation of onchain activity, this cycle we’re seeing deep crypto penetration in the mainstream.

It feels like a very natural progression for next cycle’s theme to be onchain privacy.

1) Proliferation
2) Penetration
3) Privacy

The internet also went through a similar evolution.

A key catalyst for this cycle’s mainstream adoption will be web3 socials like Farcaster.

Coordination tools like this will play a significant role in the rapidly transforming media industry and will export decentralized values to the world in very subtle yet powerful ways.

The future is sooo bright 😎