Ethereum is a sociotechnical polycentric transglobal fraternity of multivariant stakeholders ignited by a rich array of cultural imaginaries but which are ultimately bound together by the ineliminable core of the Cypherpunk values of decentralisation, permissionlessness, censorship resistance and credible neutrality, themselves philosophically secured by a confident Social Layer, in particular the ideologically-driven parts of the wider community.
Loudio is speed-running the obvious logical conclusion of the current state of socialfi / infofi.
That for some companies, the product matters less than the hype, attention, the noise - how loud people can be.
(and I know I might get socially slashed for sharing these thoughts)
But the more desperate a team is for attention, the more likely they are to pay for it.
Therefore it's logical to conclude that it's an inverse signal at this point, the opposite of the desired effect (paid leaderboards, paid shilling, etc..) - and not positive sum.
There is the potential to turn this into something that *is* positive sum if true quality, value, reputation was also tied to the companies / software / projects themselves.
And if the user's reputation was also weighed, and affected, by their participation in certain campaigns.
We could see the valuable companies rise to the top, and finally have a public and (more) accurate way to distill what's real, legitimate, high potential, etc... vs what isn't, what's a scam, etc...
Obviously a huge problem in crypto, and a challenge for most people - investors, job seekers, community members, etc...
This is obviously much harder to accomplish, but this is something I'm (and my team) are thinking deeply about and think verifiability plays a big role in the end (or a much higher quality) solution.
Just landed in Prague for @EthPrague, here's what I'll be up to this week. 🇨🇿
May 27 @EthPrague - I have a talk at 2:30pm.
May 28 @EthPrague
May 29 - We're hosting an EigenLayer Builder Breakfast (signups open!) https://t.co/TcuA9Fp3HN
May 29 - I'm hosting 1:1 in-person meetings with new developers and companies interested in building on EigenLayer and wanting to learn more, you can book time with me here: https://t.co/XLBuKKZvmF
May 31 - Protolayers (I'll be hanging out and am giving a talk)
If Amazon Web Services were run like a crypto company there would be no AWS.
Instead, they would have spun off hundreds of siloed software products and services, each with their own token. Most of them valueless. None of them integrated, removing one of the biggest value propositions of the cloud.
Instead, they have a bundled suite of valuable and powerful services that all work well together. With literally countless applications and users.
If you're an on-chain developer, here some ways you can enhance your application with EigenLayer (non-exhaustive):
• Verifiable and high performance price / data feeds - @redstone_defi • Verifiable randomness - @arpaofficial • Verifiable zapier-like orchestration - @k3_labs @ava_protocol • Verifiable real-world off-chain data - @eoracle_network • Verifiable, private, and secure credentials over TLS - @OpacityNetwork + other zkTLS protocols • Verifiable proof of location - @witnesschain • Bridging - @hyperlane • VM interoperability - @skate_chain • Verifiable zk proof verification - @alignedlayer • Scalable zk proof generation - @lagrangedev @fermah_xyz • High throughput data availability - @eigen_da • Complex off-chain compute co-processing - @brevis_zk • Or build your own verifiable service @0xOthentic @LayerOnEth
Some cool apps: Earnifi https://t.co/laeE8evLP8 (has topped App Store Finance category previously) K3 https://t.co/1lzLZsUlaz EarnOS @earnos_io Aevo @aevoxyz https://t.co/k9cT41zREv Nosh Delivery https://t.co/gF51FSAvt6 Daylight https://t.co/2JVVOQBh4H
We're working with developers building on @megaeth_labs @Mantle_Official @SonicLabs @base @berachain @solana @AbstractChain @monad_xyz @farcaster_xyz @Celo and almost every major chain.
EigenLayer services themselves are completely chain agnostic and can enhance any application with verifiable services or with arbitrary verifiable off-chain compute.
If you're a developer and want to chat with us about anything, drop us a line here:
The crypto industry has so overindexed on hype that many people now think it's more valuable than actually building products that people want and use.
You can see this emanating from the communication and focus from many companies in this space. You might even be attacked for saying that it's not the most important thing.
This is the direct inverse of how real (actually valuable) software companies should (and do) actually function.
Number one focus should be on building something that attracts users. Something that solves a real problem. Something that people want.
Get it in the hands of users, and iterate relentlessly. Most else is a distraction.
The crypto industry has so overindexed on hype that many people now think it's more valuable than actually building products that people want and use.
You can see this emanating from almost the communication and focus from many companies in this space. You might even be attacked for saying that it's not the most important thing.
This is the direct inverse of how real (actually valuable) software companies should (and do) actually function.
Number one focus should be on building something that attracts users. Something that solves a real problem. Something that people want.
Get it in the hands of users, and iterate relentlessly. Most else is a distraction.
The best founders I talked to were laser focused on revenue. Many of them already generating revenue, or had clear executable paths for revenue.
Other takeaways: • General main topics of discussion were apps in general, zk - specifically zkTLS, AI, sustainable revenue (apps, services, protocols, whatever), MCP, RWAs (specifically real estate), prediction markets • AI was a very very popular topic, probably the most popular topic, and AI events were well attended • Dubai top 2 / 3 crypto cities in the world (+ NYC, Singapore) • Most new infra founders are also building their own app, and were the most promising infra companies imo • Best app founders / ideas had differentiating features enabled by verifiable off-chain services of some kind • Zero discussions about memecoins • Events that functioned and focused to be more as Schelling points were the best ones • A lot of founders were in Dubai to fundraise, with wildly varying degrees of success from what I understood • I agree with @ASvanevik that Token Dubai is now one of the top 2 crypto events in the world, great signal to noise ratio but you have to pick the right events
Well represented in top of mind (partially due to my own echo chamber and event selection, not comprehensive): @solana @base @RiscZero @megaeth_labs @LayerZero_Core @berachain @KaitoAI @OpacityNetwork + other zkTLS protocols