Ethereum

Memes

Me and my boy getting ready to hit the bars on Friday night

What L2s do people feel have some competitive differentiation in the market?

@kinto is best positioned in my mind with KYC to capture institutional capital

What other protocols are differentiated competitively from others to capture new demand?

Me everytime a new macroeconomic or geopolitical event takes place

I was 177 km away from today's mystery location 📍. Can you beat me?

 I feel pretty good about this - need to be more careful on where I select in a country tho 😂

The Hyperliquid team looking at CZ and his band of CEXs after the $jellyjelly chaos

stablecoins

Power laws are everywhere around us. Stablecoins are no different

I see lots of discussion here about building and tech, but not much about customers and their pain points

As Etherealize grows, the whole ecosystem needs to get better at selling

So who out here is selling? Where are all my sales people at?

ETH MAXI

Curious what this group thinks of @etherealizeio and the push to onboard institutions to ETH.

Has anyone heard of specific BD efforts underway?

My initial thought is they should prioritize promoting L2s that are specifically solving offchain pain points. Onboard BD talent to go sell. Get the capital onchain

Hot take: tokenizing S&P500 index funds isn’t compelling enough to come onchain for an institutional investor 

Need products that don’t exist offchain with strong yield to get capital onchain

Product

Why aren't there more compelling "consumer" crypto "apps"?

1. Up until recently, blockspace was expensive and slow. In the last year, that's no longer the case. Also embedded wallets / smart contract wallets / Passkeys will continue to make it straightforward to make any crypto app aware. On-ramp APIs are also much better (but still the largest point of friction for a pure consumer app).

2. It's 2024 — the consumer web is 30 years old and the modern smartphone era is almost 20 years old. Internet software is a mature industry. Obvious ideas (regardless of whether they involve crypto) are solved.

3. So if it's an existing idea + crypto, you usually getting, at best, a 10% improvement. It's not a 10x improvement. And if it's not 10x, you won't really get people many people to switch. (And for the last 2 or so years, crypto's brand association has been more negative, so if anything it's made a product overall worse from growth standpoint.)

https://danromero.org/significantly-worse-or-non-existent.html

So much value in this thread

Most importantly, we need to solve offchain pain points with onchain solutions in order to grow the crypto space

Otherwise we stall out

I was 25 km away from today's mystery location 📍. Can you beat me?

No cheating, drop your last saved photo with no context..

No cheating, drop your last saved photo with no context

Farcaster

Had a friend see how much I've "earned" from Farcaster wanted to know more and tap in.

In talking with him it was really important to clarify that 95%+ of those earnings came from early airdrops over a year ago.

There's a lot of creators who were previously really into crypto when NFTs were cooking that have since fallen out of touch with the space (understandably so)

If someone were just getting started on Farcaster today - what advice would you give them to be in the best position to "earn" on here this coming year?

Some great tips in the comments for anyone new to Farcaster

Per usual, success follows simple rules:

- add value
- be consistent
- repeat

What is the best onchain sports book?

Not just games and also has a deep market of prop bets?

Is it polymarket? My guess is they don’t have lots of depth re: props

Feels like a big opportunity to take on the FanDuels out there…think of all that revenue!

Anybody got some onchain companies for me?

Identifying real crypto projects with real revenue. Looking for optionality in a volatile world. Mandelbrot and DC sports fan. Shaolin’s finest.

Publius

@publiusvalerius