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the evolution of crypto venture, by me
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Fabric Summit 2025 heating up with @Jeremy_Hunt & @richardmuirhead fireside char, and a futurist debate with @EMostaque, founder of @ii_posts & @StabilityAI; Web3 researcher and early Bitcoin contributor Mike Hearn; and @ilblackdragon, co-founder of @NEARProtocol, tuning in from Lisbon. Moderated by @kncukier, Deputy Editor at @TheEconomist
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We need a @DOGE but for crypto events. We’ve normalized $50K booths and $500K party budgets in an industry where half the protocols are sub-$50M in market cap and still pre-revenue.
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It’s fun watching tradfi spend months structuring SPVs while DeFi vaults do the same thing in minutes with better transparency.
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