JT

Independent Research | Prev Research @MessariCrypto | Not Financial Advice

[JT @JT1235813]

Fun to look back at this.

Solana Q4 2022.

[JT @JT1235813]

State of Solana Q4 2022

1/ With the bear market continuing and the FTX catastrophe unfolding, Solana's expansion strategies and network upgrades appeared to be overshadowed throughout Q4.

https://t.co/sZO97NqNUL

$SOL 🧵

[JT @JT1235813]

@redvelvetzip You can lead a horse to water, but you can't make em drink.

You might be able to make em drink lemon drops for their own good, though.

Nice work Red.

[JT @JT1235813]

@viksit @klxyxz However, in the future, decentralization will rendezvous with AI models, and incentives will need to be aligned to move both systems forward together, in harmony.

There will, in my mind, seem to be a never-ending quest for scale. Perhaps AI will solve that problem first. 🤔

[JT @JT1235813]

@viksit @klxyxz So, today, does it matter not that AI models are trained in a truly decentralized manner?

Seems to me that today it does not matter, and actually, as an iterative process towards progress, the lab is just fine in the distributed pockets that have birthed AI for some time now.

[JT @JT1235813]

@klxyxz Completely agree.

[JT @JT1235813]

4) Like particles colliding in the chaos of the Big Bang, decentralized systems and AI each carry transformative power.

But together, they form something exponentially more potent, accelerating progress in ways we can’t fully comprehend yet.

[JT @JT1235813]

1) Not long ago, we began to understand that the hive mind is a form of collective intelligence, emerging when individuals share knowledge, ideas, and actions.

This realization came into focus with the rise of mass information sharing and, ultimately, the Internet.

[JT @JT1235813]

3) These shifts are sparks. We know they were Cambrian explosions in their own right.

Now, we stand at the edge of another: Artificial Intelligence.

[Tom Dunleavy @dunleavy89]

I could not be more excited to announce I am joining the team at Varys Capital as Head of Venture.

Our Fund I is led by Sheikh Nayef Bin Eid Al Thani, a senior member of the Qatari royal family (see next tweet), among other ultra net worth folks and family offices.

Fund I is already a top decile Fund (10x+!) with a number of extremely successful preseed/seed investments. But we are just getting started.

Capital allocation throughout market volatility has been a challenge in our space for the last few years but the middle east has had a VERY long term eye for the future.

Building on my time in DC I am excited to play active role in working to continue to advance the US in this key strategic area.

Friends and partners, please reach out so we can continue to grow the space particularly if you are looking for Middle East growth.

We are actively very deploying in 2025.

[JT @JT1235813]

@dunleavy89 Congratulations Tom!

[JT @JT1235813]

@nickgarcia @breed_vc @JedBreed @MessariCrypto One of the hardest working and steadfast colleagues I’ve had the pleasure to work with.

People talk about trenches and this guy really knows what a trench is.

Super happy for you Nick.

[Nick @nickgarcia]

Personal news —

I am joining @breed_vc and @JedBreed in Miami.

Breed has built an excellent reputation and a solid track record of helping top founders build world-changing companies. I’m excited to help build the next wave.

I love @MessariCrypto and am beyond thankful for the last 3.5 years in the trenches.

While everyone crashes out, I’m tripling down. 😤

[JT @JT1235813]

What’s happening?

[JT @JT1235813]

@jonbma Some day the hot crypto narrative will return to the foundational base layers that are capturing organic sustainable value.

[Jon Ma @jonbma]

Make fundamentals great again.

[JT @JT1235813]

@Old_Samster Who was it that termed DePIN in the first place?

I think it was this really quiet interesting good hearted person..let’s make sure wiki gets it right at some point.

[micah @CabronElBufon]

1/ You may have heard whispers about @PostFiatOrg, built by @goodalexander.

It's an AI-powered XPRL re-architecting value exchange for the nascent AI agent economy.

I wrote about 5k words on it — you can read the summary here or find the essay in the last tweet of the 🧵

[Saypien @Saypien]

This ai is going to start airdropping and paying people on Twitter to do its bidding

Higher

[Ryan Watkins @RyanWatkins_]

Two weeks ago I wrote about the rise of applications and the valuation gap with infrastructure.

Today I provide additional perspective on how I expect it to play out the foreseeable future as we enter a new speculative phase in markets.