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lmrankhan
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For those in crypto are you an active user of Whop? And whats your favorite product and why?
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lmrankhan
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A small group of young, sharp trenchers is emerging effectively acting as onchain VCs by accumulating tokens and actively supporting founders. They offer the same value as trad VCs but take a more hands on approach, contributing to community building, product feedback, and real time crisis support. As private investing becomes liquid from day one, the barrier to entry drops, allowing anyone to become an onchain VC. This will give rise to a new class of long term degens who I believe can positively grow the space over the long haul.
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We’re entering an era where we will get our breaking news from either Polymarket or Pump
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Crypto is probably one of the hardest sectors to build a product in. Your traction is public. Your customer complaints and support issues are public. Your code is often public. Competitors/hackers not only monitor and replicate in real time, they do so with aligned incentives via tokens, their communities are rewarded for attacking , exploiting, or degrading your product. All while the health of your product is anchored to broader macro cycles. It is unlike anything I have seen in other sectors. I understand why Uniswap added the MIT license to v4. It is a form of strategic defense. It is not something I would personally advocate, because the best founders do not copy they invent new ideas. At the end of the day, the strongest crypto founders either work to outcompete themselves or build so early that no one else has noticed the opportunity yet.
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The next battleground for crypto is products that prioritize privacy and anonymity.
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The ultimate test for the new generation of crypto founders is the ability to forgo short term speculative gains for long term generational outcomes. If you find a founder who can pass that test, you may have found a unicorn. In my view, this is what separates the strong from the weak.
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