skininthegame

high stakes storytelling | ex @polymarket

it's not just institutions/businesses 

TBA is a bet on a distribution platform for app developers 
pump is one application 
TBA would be a platform for many applications

may or maynot work. idk. but rather than being top vs bottom down, it's more of a 'which bottom' question, devs vs users...

if those users are all for a veefriends mini app I will literally (redacted) myself

yeah 
build it they come approach...
not as good as when users are already somewhere and you know devs would show up because the users already are there

from coinbase's perspective, they can't bet heavy on one app tho. best they can do is to build the platform. 
the comparison to them is solana itself (Sol Foundaiton) not pump (one application). 

now, coinbase does have a 100mm users

let's say 5mm are weekly active. if 10% of them are converted to weekly active onchain, that's a big win for all those devs on base. at that point, if the devs have built anything cool then the wheel reinforces itself...

had to cut this part to make the video under 5 mins long…

but I agree with you, the issue is…

where are the users for the apps on base?

(I guess we will eventually get this answer)