the web3 economy is based on attention, not tech superiority | 0x_ultra på Binance Square

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the web3 economy is based on attention, not tech superiority
thats why infofi is so interesting, it puts metrics on top of attention and allows anyone to create derivatives of it

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btw @PlasmaFDN during today's cap raise sneakily added X connection to the points leaderboard they dont have a Kaito leaderboard yet but what mean? secretly tracking social media presence? either way, trillions

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stripe is absolutely killing it with web3 acquisitions first they bought out Bridge @Stablecoin to have all the payment processing infra now that have privy for social login and embedded wallet infra web2 <> web3 is gonna get very spicy and congrats to @privy_io team for having one of the best products to come out this cycle

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already $10k in fees for loud yappers in week 2, with 4 more days to go start yapping Loudio.

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the truth is that chains don’t matter anymore, apps do that’s why MegaETH is the best positioned to win there’s been 2 main app creativity booms in web3 with the third one about to be enabled by mega 1) EVM launch: people creating experimental apps everyday but then experimenting became expensive fast due to rising gas costs 2) @arbitrum launch: mainnet was way too expensive for smaller teams to afford and iterate fast; arb enabled cheaper and faster space and so much was deployed in the first year of arbs existence 3) @megaeth_labs launch: a shift from resource scarcity to resource abundance mindset; devs won’t have to care anymore about block speed, oracle speed, contract sizes, contract call complexity & more. a fully blank slate where developers have complete creative freedom mega is the best positioned to embrace the third app creativity boom with previously impossible to build apps coming to the chain not only that, but mega is also taking an extremely app-first approach where instead of passively waiting for apps to come via a large grants bucket, they select, support and accelerate innovative apps via their @0xMegaMafia program when chains say “come build on our chain, maybe you’ll get a grant” it tends to attract the usual boring forks, few disruptive apps would take the risk the approach megaeth is taking ensures that there’s a powerful roster of innovative apps building on their chain even before mainnet goes live (30 apps just coming from megamafia alone) im insanely bullish on chains that think app first users care about apps, not chains world computer.

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most people midcurving what @PlasmaFDN does it literally doesn’t matter Tether will never be able to IPO the way Circle did, and it’s even more valuable than circle they’re selling the competitor to a $28B company at a $500M valuation this is the best proxy trade you can get for Tether exposure

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