current: founder former: CoS @0xMacroSecurity, Seed VC @SomaCapital and SWE @many_cos).
79 Followers
“SeLlinG tO tHe GoVeRnMeNt TaKeS yEaRs” we just signed our first contract 28 days into both co-founders going full time. talk to users, solve problems, ship code then repeat 🔂
Let's be real though about users. Crypto Daily Active Addresses on Eth: ~400k 🙈 The most popular dApps have interacted with less than 10M lifetime active addresses 😖 Before we bring a billion users, let's bring a million. How? DeSoc Why? Because we're lowering the barrier to entry 🧵
Most of crypto is really expensive to get into. DeFi -- bridge your money and make transactions on the Eth L1 or wade through the forest of L2s to sketchy "protocols" and insecure smart contracts for that sweet sweet 3.4% APY. Gaming -- The starting costs to play many games can get into the $100s very quickly
Crypto is Inevitable Over time (20+ years), even TradFi players will use crypto tech to transfer value. For international style transfers, it's objectively better and easier to use something like USDC than TradFi rails. With regulatory clarity and on/off boarding UX parity, even the banks will switch over.