Has the friend.tech narrative died on the vine?
Friend.tech still has $40M in TVL, per DeFi Llama. Seems a critical mass of people have aped.
It’s most likely not the most desired state of web3 social, a little to financialized and speculation based, but definitely seems to have successfully created a new meta around attaching consumer assets to bonding curves.
We've also seen a lot of copy-pastas of friend.tech and a few variations as well like words.tech and draw.tech got announced today and I think I'm forgetting a few.
DAOs could be best suited for AI Agents, with humans having minimal participation.
If you enjoy on-chain investing, try to keep at least 5-10% of your portfolio as dry powder stablecoins from now until 2025.
There will be a plethora of opportunities for gains each month of the bull, and it's so emotional taxing as crypto investors to have no capital to take advantage. Always be available to invest.
A consumer company will eventually release something so fun & viral that university students will start saying "it uses a wallet to login, so much cooler than email to join"
This sentence doesn’t compute for me:
“violated the Securities Act of 1933 by offering and selling these crypto asset securities to the public in an unregistered offering…”
1933?? 🤔🫠
We are starting to see “ecosystems of blockchains” arising and competing, mainly OP Stack vs. Avalanche Subnets vs. Polygon 2.0, and those three L2’s have a great selling point that future app chains built within their ecosystem will always rollup to the security of the Ethereum mainnet.
The moral debate of decentralization being better than centralization has not moved the needle for mass adoption of blockchain and crypto yet.
There is increased talk on Twitter of censorship injustice by corporations and it will continue to grow in the coming years IMO. These injustices will be a major catalyst for blockchain and crypto adoption.
Coinbase's transition of TVL from their CEX to their decentralized blockchain Base could be one of the great topics of the 2020 decade.