there's a divide between "usable crypto" and "narrative crypto" :
usable crypto = wallets, stablecoins, exchanges, launchpads –– which just works! (and generates revenue)
narrative crypto = btc, ai x crypto, desci, l2s, restaking –– which hardly works, but has a good story/vision (hardly generates revenue, but token goes up)
narrative crypto drives → speculation which drives → adoption for usable crypto
as a founder, you either build for narrative crypto or usable crypto.
midcurve it and you lose the game –– learnt this the hard way :)
~7M txns on our rollup, SendRC and 16k+ txns on @solana mainnet!
2 weeks ago, we launched 'Lana Roads', a game by @sendarcadefun, where each move is a real Solana L2 txn –– huge props to @magicblock for enabling this with no bridging bs 🧙
each day i learn about dark side of a token (insiders/marketing), i keep getting disappointed w/ this industry.
but over last few months, i’ve realised it’s a dirty game you’ve to play in a balanced way and respect the irrational actors in market — else you’ll be left behind :/