The AI agent x crypto thesis finally makes sense to me
an AI agent managing tasks autonomously needs to:
β pay for API calls
β receive payment for services rendered
β hold value between tasks
It can't have a bank account. it CAN have a wallet.
I'm sure that web3 doesn't need more users, it needs more use cases that make sense outside of speculation.
The day "I use this because it's useful", will beats "I use this to make money".
That's the real unlock and a true shift in our ecosystem.
Quick sanity check on "crypto is dying" narratives:
- onchain stablecoin transfers: up YoY
- L2 transactions: up YoY
- developer activity (GitHub commits to crypto repos): up YoY
- DePIN active devices: up YoY
Price is not the same as adoption, never has been π
After that, itβs also the logic of protocols that do all their communication and marketing around airdrop farming.
So when they release the token, the protocol will gradually die, and so will the token
Something worth understanding: 88% of airdropped tokens lose value within three months of launch.
That is not a reason to avoid airdrops. It is a reason to have a strategy.
Farm, collect, and think ahead about what you actually plan to do with the tokens when they hit.
Most "Web3 social" projects launch, spike, and die because they try to replace X instead of doing something X genuinely cannot do
The projects worth watching are the ones building social primitives where on-chain identity and ownership actually change what is possible!
The narrative I am watching closely is the intersection of AI +web3 infra
Not the hype version where every project slaps "AI" on its whitepaper
The interesting one where decentralized networks are being used to coordinate AI compute, verify AI outputs or reward data contributions
This is what Iβve been saying for a while, please Web3 is backend, not frontend at all!
We need to deliver all the benefits that blockchain offers, but for the user, they shouldnβt even know they are using it!
I'm pretty sure, the next billion users won't know they're using a blockchain.
They'll just know the product works. that's not a compromise, that's the goal.
The AI x crypto narrative is mostly vaporware right now
BUT the one piece that's actually interesting: AI agents that need to pay for things autonomously!
An agent that can hold, spend, and receive value onchain without a human in the loop is genuinely new, a real problem here
Unpopular opinion: most chains don't need their own token
The token is for fundraising and incentives, not because the protocol requires it
ETH works as gas on L2s. SOL works on its ecosystem. we don't need 47 new gas tokens to run a bridge.
Ethereum L2 transaction fees paid by users dropped ~73% year-over-year since EIP-4844 (blobs)
ButL2 revenue to Ethereum actually went up because volume more than compensated
Cheaper AND more revenue. that's not supposed to happen according to most models.
Bullish!