sjdedic

After speaking with some of the smartest minds and biggest players in the industry, one thing’s become pretty clear:

No one really cares about infrastructure anymore.

The spotlight has shifted to the application layer, the consumer-facing stuff, the actual use-cases. That’s where the real excitement is now.

Layer 1s that are stuck mid-curving this - obsessing over tech and ignoring everything else - are in trouble. The winners will be the ones doubling down on business development, marketing, and actively helping their builders with distribution.

Expect a wave of much more exciting use-cases over the coming years, the kind that could bring in a massive amount of new users.

Honestly, I wouldn’t be surprised if we start seeing apps valued in the tens of billions (or more), while L1 tokens slowly lose market share and fade into irrelevance.

Exciting times ahead, just don’t midcurve it.

Bullish on anything people actually want to use and are willing to pay for, with or without incentives or airdrops.

Plus founders who treat the token as on-chain equity, committing 100% of ownership to it.

Leave me alone with overengineered tokenomics, bullshit airdrop campaigns, or pseudo-fancy narratives.

It’s really that simple.

Had a long convo with @kaiynne yesterday about the future of Infinex.

Good news: I’m more bullish than ever. The team is laser-focused and shipping fast - there’s a ton in the pipeline that could genuinely change how we interact on-chain. CEXs and boomer wallets are cooked.

Bad news: I’m fighting the urge to buy more Patrons even though I’m already massively overexposed.

Probably going to lose that fight.

On-chain future is looking gud here.

gm to absolutely everyone except those who still don’t realize how insanely bullish this market setup is.

Fundamentals are stronger than ever. Smart money and big institutions have more FOMO than we’ve ever seen. Macro is lining up perfectly.

The market shrugs off bad news no matter how bad it is. Even when we dip, it gets absorbed instantly.

We’re on the edge of a breakout - could happen literally any day now - and when it does, it’s going to rip.

My early condolences to those who don’t see it and are going to be stuck on the sidelines.

Don’t want to sound like a boomer, but Coinbase is looking absolutely gorgeous right now.

If $COIN closes the week above $340, it’s entering price discovery for the first time since IPO - after more than 4 years.

Then there’s literally nothing stopping it from making a run at $1000.

$CRCL single-handedly kicked off TradFi’s crypto FOMO.

Coming for your favorite alts next.

People can think about @Uniswap whatever they want, but one thing is for sure:

They have hands down one of the greatest brands and presences in the industry.

Also had a great chat with @nikokampouris, can confirm he’s a chad irl too.

Shall I open the pack or no?

Biggest takeaway from @Permissionless so far:

The institutionals are insanely bullish. Like, all of them.

We’re seeing obvious use cases - like stablecoins - finally getting TradFi excited. But beyond that, there are so many other verticals the biggest players in the world are actively exploring and trying to get involved in.

Some are even looking into bringing IPOs on-chain.

I don’t know exactly when it’ll all hit, but it’s only a matter of time before the entire world - and the bulk of the economy - moves on-chain.

Seriously, how can anyone with a rational mind be bearish on crypto long-term right now?

gm to absolutely everyone except those not at Permissionless and missing out on all the alpha.

Both peaq and Infinex are hitting the stage today, each with special announcements lined up for peaqonauts and Patrons.

I’ll also be sitting down with both teams, what should I ask them?

Wild to see @MagicNewton distribute over $5M in $NEWT to the Kaito ecosystem today.

TVD about to break 9-digits while yappers and $KAITO stakers keep printing, with more high-quality projects like @peaq, @turtleclubhouse, @CreatorBid joining the leaderboard wars at accelerating speed.

InfoFi summer is just getting started - and @Punk9277 hasn’t even dropped the heavy hitters in the pipeline yet.

Great times ahead for anyone creating real content about real projects.

Had a long conversation with the @peaq founders today.

There’s a lot more coming than I expected. Not just exciting news in the pipeline, but also some genuinely new use cases the space hasn’t really seen before.

What’s also interesting: some serious players in the US are starting to take notice and are actively looking into it.

Mindshare around both DePIN and $PEAQ in the US is building surprisingly well and fast.

$300M FDV is a joke.

The first @xmaquinaDAO tranche sold out in 5 minutes.

The second tranche is already nearly 50% filled.

Amazing to see the hype building around getting exposure to the world’s hottest robotics companies - like Figure, Apptronik, and Neura Robotics - normally only accessible to the biggest and most prestigious investors.

Now all tokenized on-chain and indexed via $DEUS.

That’s the beauty of Web3.

gm to absolutely everyone who didn’t get shaken out during WWIII yesterday.

Bottom is in, bull market is back on.

Up only from here.

Enjoy.

Got invited by the @vaneck_us team today to talk all things crypto.

Was genuinely impressed by how Web3-native their understanding of the space is. Honestly, them rocking a Pudgy Penguin feels more than authentic now.

No doubt their conviction and grasp of crypto will put them ahead of most traditional asset managers.

To any boomers reading this, buy VanEck ETFs from now on, they’re the best.

Alright guys, who’s building Palantir and Anduril on-chain and tokenizing it?

Asking for a friend

Funny how you can buy $ETH at a $275B market cap before it becomes a multi-trillion dollar asset - and people still complain.

Winning just isn’t for everyone I guess.

What do all these tweets have in common?

1) Some of the biggest chads & most respected institutions in the space: @santiagoroel, @mdudas, @Shaughnessy119, @MessariCrypto

2) All of them are bullish on DePIN.

And I’m right there with them, even though I agree with @Melt_Dem: 9 out of 10 DePINs still have broken tokenomics.

But the thing is, that’s the easiest problem to fix.

What can’t be easily replicated is the powerful, bootstrapped real-world networks DePIN has already created - networks with the potential to disrupt entire industries.

I’m calling it now: DePIN Season 2.0 is right ahead of us.

This time with upgraded tokenomics and real founder commitment to value accrual.

Make it on-chain equity. Commit to distributed ownership.

Then nothing can stop this train.

DePIN is the frontier.

There are two kinds of builders in crypto:

Those who build things that get replicated and those who build things that get dumped.

Replication is the highest form of validation.
Dumping is the loudest form of rejection.

In crypto, feedback is on-chain and brutally honest.

So stop trying to extract value with hype and a bullshit token.

Build something worth stealing.

gm to absolutely everyone except the weak hands letting short-term volatility shake them out.

It’s literally day one for some of the most promising projects out there - the kind that could redefine the internet and the way we live.

Don’t let short-term fear get in the way of what might be the biggest opportunity of your life in the long run.

Zoom out. Think long-term. Show conviction.

It it’d be easy, anyone could do it.

Moonrock Capital is heading to New York next week for @Permissionless!

If you’re around - and you’re building something exciting, or you’re an early-stage founder looking for support - feel free to reach out to me or @cryptovlat.

We’d love to meet you.

Looking forward to one of the best conferences of the year, in what’s probably the greatest crypto capital in the world.

gm to my 7 followers and 3 bots who still haven’t given up on crypto and keep holding strong conviction in a few fundamentally solid alts.

This market definitely ain’t easy, hasn’t been for years.

The harder it’s been, the better the rewards will feel in a few years though.

They’ll call you lucky - but deep down, you’ll know exactly how hard you earned it.

Keep going champ.