Why the end of speculation-only crypto is healthy for builders
Quote97 words
Argues the revenue meta and investor focus on value accrual will force builders to ship quality products with sustainable economics, especially on the app layer. Sees infra maturity as nearing a tipping point for adoption.
Key claims
Competition for attention, users and liquidity raises quality standards
Infra stack is maturing toward a tipping point
Imo this is also a healthy development because it will inevitably force builders to build quality products and put in an effort to build sustainable economics around them.
In the long-term, the competitive environment, the relentless battle for attention, users & liquidity, and the increasing standards demanded by investors (re protocol revenue + token value capture), will hence be net beneficial.
For large-scale adoption we need to raise the bar. Especially on the app layer. But with the infra stack maturing, I'm convinced we're nearing a crucial tipping point.
Also linking back to this post here:
x.com/zerokn0wledge_/status/1948096780224307466
QUOTING @zerokn0wledge_
The "Speculation Only" Era in Crypto is Ending The revenue meta and the increased attention investors pay to tokens' value accrual mechanisms, are evidence to the fact that crypto markets are maturing. Up to this day, a lot of investments hinged on the fact that some "governanc
The "Speculation Only" Era in Crypto is Ending The revenue meta and the increased attention investors pay to tokens' value accrual mechanisms, are evidence to the fact that crypto markets are maturing. Up to this day, a lot of investments hinged on the fact that some "governanc