Ryan
@ryanconnor
1/ Crypto is hyper-focused on RWAs, but what’s more interesting are NNAs - Net New Assets. I’ll loosely define NNAs here as assets which are prohibitively expensive due to issuance or regulatory costs or assets that are outright outlawed.
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Ryan
@ryanconnor
2/ Crypto has already achieved strong PMF in the issuance of NNAs, but this success has largely gone unnoticed. Examples with PMF today include perpetual futures and meme coins.
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Ryan
@ryanconnor
3/ Some NNAs I think we can expect in the future are - perpetual options - life outcome shares - social outcome products - structured MEV products - health outcome contracts - structured gambling products - hyper-local weather futures & options Among many others
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Ryan
@ryanconnor
4/ There are obvious legal and ethical concerns here, but, as you all know, we should expect shots on goal here in a permissionless and open system.
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