Tecmo Bo
@tecmobo
As an IRL builder working to integrate crypto rails into an existing business I think @jessepollak has half the picture re: "Bringing the World Onchain". However, understanding and moving on the second half is crucial to success.
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Tecmo Bo
@tecmobo
1. The half that think @jessepollak has right now... Crypto's super power lies in how efficient it is at translating qualitative value into quantitative value. In college, I wrote a 60pg thesis on "qualitative vs. quantitative dialectics" so I truly appreciate this perspective.
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Tecmo Bo
@tecmobo
2. I see this manifesting in the push toward content coins. It makes sense. Content coins are a pretty interesting experiment in the qualitative -> quantitative value flow. But, I'd argue they're not wildly more efficient than previous crypto experiments in this arena (NFTs, Memecoins, etc), nor do they have any novel edge in creating sustained success.
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Tecmo Bo
@tecmobo
3. These onchain experiments in creating qualitative to quantitative value discovery/capture are powerful primitives, but they're, in someways, a solution in search of a problem. The internet (even w/o crypto) has been pretty decent at creating revenue streams for dedicated, talented creators. Onchain solutions can optimize this, but they aren't unlocking anything new, just creating a more efficient path to an already achievable goal.
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Tecmo Bo
@tecmobo
4. There is a whole 'nother qualitative -> quantitative value problem that crypto (and particularly /base) is well equipped to solve. The @base team brushed up against this last year, but faced significant headwinds and maybe decided to re-allocate resources before getting to the root of the problem/opportunity.
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Tecmo Bo
@tecmobo
5. Before the new Zora launch, the "bring the world onchain" mission was focused on merchant payments. I know this well as I own a company which launched USDC on Base payments as part of onchain summer. The roll out was ambitious and I applaud the team for taking on such a massive endeavor. But it was less than optimal
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