BTC has a strong case for being digital gold – a "pet rock" that is highly valuable but static. I believe ETH has a more dynamic future as a censorship-resistant, programmable store of value underpinning a much larger digital economy by providing permissionless settlement, DA, and execution.

One way to rethink these platforms is to think about all the users across the 90-0-1 ratio; to figure out how to share a platform's overall value with all its contributors, big and small. In the creator economy, this means rewarding readers and curators alongside creators.

Our digital systems generate noise and there's little the algorithms can do a... See more

“In the past, jobs were about muscles. Now they’re about brains, but in the future, they’ll be about the heart.”

I have worked hard to stay close to my childhood friends, not just in the ‘knowing the events of each other’s lives’ sense (though this is a worthwhile aim!), but also in the sense that: I want to let them continue to know me and who I was becoming as I transformed , even as I shed versions of myself they had come to know so well. Because I love th... See more

The institutional ETFs are here en masse and there is now regular traditional media coverage of the crypto startup scene. It mostly lacks nuance but it’s permeating the mainstream zeitgeist. The maturation of market structure also helps here as liquidation cascades are simply less prevalent given the enormous liquidity provided by these traditional... See more

Undateable Pricing. Pricing of a subscription contract can now be updated for any tier at any time.

Inactive Status. For supply-capped subscriptions, you can now mark particular subscribers “inactive.” This allows them to maintain possession of their token while opening up a spot for a new subscriber to join.

Subscription Duration. Creators can now s... See more

But the most interesting teams in our view are those that either deeply understand where the demand-side is and how they can solve their problems in practice, or those who are building on a longer-term thesis toward something not widely appreciated today.

At their core, L2s are deeply linked with Ethereum. They share its DNA — relying on ETH as the currency, benefitting from Ethereum's security blanket, and utilizing it for data storage and settlement. It's like a startup leveraging its parent company's infrastructure and brand recognition, a win-win for both.

That’s one of the things that’s newly possible because Blackbird uses crypto, but Blackbird works because it’s not a crypto app. It’s a restaurant platform and consumer app, built by restaurant people, that only uses crypto and whatever other tools it needs to use to make restaurants more profitable, help them understand their customers better, and... See more