the reason believe is attractive to AI builders is because builders are looking for alternatives to VC. building apps no longer suits the venture model when there are no moats. valuing things based off the DCFs of an app is likely the endgame

building @dau and @boostxyz to help mini app devs grow onchain with token incentives. prev dapper, opensea

What do you think about adverse selection?

Founders that build valuable products can raise, those too bad & highly opportunistic that want to make a quick Buck launch a memecoin instead.

That said, it‘s good to see products somewhat attached to tokens. Think we can hope for some value for Token holders, Not Necessarily revenues, but maybe some utility & in the best case Integration in products or economies around products.

Use case yes. Coins pegged to $ at present. 

Crypto project that launches a coin. Gets very little. It’s not. A windfall. It’s not a raise. Rarely has a use case. Has 0 economics backing. All gas. No brakes.

I’m bullish on product coins (v-bucks, robux, etc) on crypto rails

Working product with integrated tokens seems the way

Builder tokens are a myth. Like a noose around most builders necks. 

Acquihires. (Best case?) don’t take token with.