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LoganJastremski
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It's honestly amazing how many hoops crypto users will jump through with the most atrocious UX possible
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LoganJastremski
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The crypto game is not for the faint of heart Every morning, millions of people log into this app and try to find the next big thing: the next 10x, the next 100x. They want to change their lives and the lives of their families, and unfortunately, it’s a 100% rational thing The current financial system is broken and has been for some time. Traditional companies are going public later and later, boxing out the majority of wealth creation for the masses, all while governments around the world are printing money and eroding everyday purchasing power The crypto markets are naturally and inherently speculative, and by now, we know that these blockchains are great for coordination and trading. The high priests of this app will tell you that’s bad, but I see opportunity for a new way emerging, the possibility for global internet markets to emerge, the possibility to build wealth not for the few, but for the many Internet Capital Markets is not a meme it’s the ability for every person around the world to participate in the global economy. It allows businesses globally to be paired with risk capital willing to underwrite them. In the beginning, things will be messy, but over time, standard reporting practices will emerge, allowing internet sleuths to actually do homework on underwriting global businesses and truly find that $50M company that could become the next Amazon or Tesla We are in the early stages of this vision taking shape. The path to 1M TPS is not as far away as once envisioned. Don’t get disillusioned, stay the course, and stay away from leverage🫡
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Spent a little time overseas after Token 2049. The upper middle class salary was $30,000 USD a year You can criticize the United States all you want, but you won’t appreciate it until you leave and to be honest, that’s what internet capital markets should enable The possibility to build wealth online globally, not just for the few who luckily got born in the right place
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I look forward to the day the majority of crypto pitches include Daily Active Users, Retention Rates, User Acquisition, Customer Acquisition Costs, and Revenue Metrics instead of KOLs and Followers/Discord numbers
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The entire Frictionless Team will be in NYC next week for Accelerate! Please ping @SolanaLegend, @MichaelPinto_, or myself. We are actively deploying and would love to chat
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Now is the time for builders to fire up the content machine Bull markets breed hype and false promises, but today as the dust settles we have real applications with revenue and infra that has a credible shot for 1M TPS Now’s the perfect time to build in crypto when the industry is unloved, the real work shines
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