The software creator thing hasn't really panned out. First the models weren't good enough, and then they were too good
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It is starting to feel corny when a brand tries to be like super Knicks/NYC/etc aligned. There's maybe a better term for this. But like Kith, Siegelman Stable, etc. it's all the same vibe and kinda overdone now. Subway Takes and Kalshi now prolly fits somewhere there too. Idk if i'm articulating this correctly
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idk if drum corps is still a thing but they had some cool names. phantom regiment, santa clara vanguard, carolina crown
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it's sort of crazy how many like black swan esque events crypto has rebounded from. mt gox, dao hack, covid, ftx. the hardest thing to actually defeat, more than any of these, is just apathy
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The future is very bright for cryptocurrency and the onchain economy imo
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imo coinbase *should* compete with teams building on base if it makes sense to them. the purpose of the market is to spawn the best products for users via the force of competition, and if coinbase believes they can deliver a superior product then they should compete which will also force other competitors to step up. the concept of coordination via being nice is not really something people should expect, and arguably just leads to worse market outcomes if attempted.
in this specific instance i do not believe coinbase was fast following bankr's success, they've been building towards this agentic finance vision for a while, and simultaneously i also do not believe they are a threat to homegrown teams building on base that are closer to users. i'm skeptical the coinbase org is still a live player
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this is hilarious price action, you're down -70% from the high, you've been stalled at 6k for like half of the year of aids chop, it's starting to finally look bottomed and then boom you nuke another 50% in a month.