Excited to announce @MiloBrighton as an ambassador for @baseduk_
Through meetups, webinars and events he has been breaking down the complexities of web3 and helping people understand blockchain in Brighton and beyond. Bit by bit, the UK is becoming more and more based! 🇬🇧🟦
It was indeed the start of altseason.
Alts are now at their highest point relative to majors in over a year.
In my opinion, they are overdue a sudden repricing, relative to bitcoin especially.
Sometimes I doubt whether crypto will make it. Then I see that my local foreign currency exchange is charging a 14% spread on major currencies and 20-30% on others, and it can be fixed so easily with stablecoins, liquidity pools, and AMMs. Then I feel silly for doubting.
It's official: Brighton Blockchain is the largest community relative to the population of the city we're in, out of any crypto meetup group in the UK!
0.2% of the population of Brighton are part of the group! Brighton has the highest *density* of blockchain activity in the UK.
It's UK Tech Week! We're proud to be part of it, and we'll be hosting a meetup on Wednesday to bring together people in blockchain - join us! @uktechwk https://t.co/qBmUaUIKIQ
Bear markets are historically a great time to go to meetups. The people who are still around are high-quality people, who are in it for the long-term, and have lasting conviction. They're interested in solving hard problems, rather than chasing easy narratives.
Last year, a human trafficking victim trapped in a crypto scam compound in the Golden Triangle region of Laos contacted me.
He proceeded to leak a huge trove of the compound's internal materials.
Then he had to get out alive. This is his story. 🧵👇
https://t.co/UTG6HEPzg4
It annoys me when crypto companies try to find product-market fit and end up with some type of speculation product, because they're finding PMF within a bubble that is currently very speculation-focused. And then the pie never grows because the product only fits within the bubble
Over the past two months, we've proactively expanded our student base to reach a new audience.
Thinking outside of X and Crypto Twitter, we relaunched our LinkedIn page with Web3 security content.
The results have been encouraging:
- Student inflows from LinkedIn
- Community class with a crypto tax consulting team
- Strengthened collaborations with BSec contributors
- Potential Show N Tell with a new hardware wallet
If you listened to CT all the time, you'd think the "pie" has gotten smaller.
But perhaps we just need to go out and grow the pie ourselves.
They don't get why someone would spend money to buy someone else's post. They get that the post has value, but they don't see why they should spend money on it.
When I tell them that in future, that money will originate from advertisers, not users, they totally get it.
When I tell people about content coins and decentralised social, they totally get how it's changing the way value accrues - away from accruing to big tech platforms, and towards accruing to the creators who populated them.
Base app is finally out and available to everyone! If you don't already have it, you NEED to try it out - it's the next generation of crypto apps, and you should definitely have an opinion on it. It's also just a great wallet. Use my invite link: https://t.co/KkiFFnqUT8
I keep coming back to this: in-person events are optimised for connection, not information.
I'll add that the type of information IRL is different - it's raw and not filtered by algorithms, clickbait, and filter bubbles. You get a much better sense for what people think IRL.
My thoughts about recent in-person web3 events (ETHCC, Dubai, ETH Denver) from the perspective of attendees and also event hosts:
1. In-person events are 10x - 1000x less efficient / scalable for knowledge transfer vs digital content.
Example: a video clip usually costs ~50x less to produce and receives ~100x as many viewers as an in person talk.
2. Therefore in-person events should optimize for experiences, entertainment, relationships, 1:1 conversations.
Traveling across the world and meeting someone, building a friendship with someone, or gaining each other's trust is much more valuable than sitting and listening to another panel that should have been a podcast.
3. The exception is for big announcements or extremely high quality content, people, and presentations.
People are bored of sitting and watching the same information rehashed (especially when that information is easily accessible online, at their convenience) and will be much less likely to attend your event if programming is like this.
4. Hackathons on the other hand offer a lot more value for people who attend in person. Working hands-on with team members + having a large amount of knowledgable people within arms reach is something that can't easily be replicated virtually.
Downsides are that they are usually short (2-3 days) and only accessible to a very small percentage of people, those who have the money, time, and ability to travel.
5. On the other hand, virtual hackathons are valuable because they allow everyone in the world to participate without restrictions.
They also last much longer, giving the devs much more time to cook, and to polish their product. They are also usually less expensive, especially if they are managed in-house, and allow the teams hosting them to not lose 100% of their focus during that time and can instead offer ad hoc support.
I also echo 4 & 5 for workshops.
6. If you're a company, you can probably accomplish most of your in-person goals with 4 large regionally-specific showings (events like ETHCC for Europe), and a handful of 1-off smaller events for individuals on your team to attend.
TLDR:
1. ~4 strategic regional in-person events per year is probably good enough (one in each USA, Europe, APAC, <other>)
2. Optimize for in-person experiences
3. Digital technical content scales 100x
4. Hold both virtual and in-person hackathons, lean into the positives of each
This was fun:
I've just got my 2025 Onchain Wrapped by @Bankless and my Spirit Animal is @brian_armstrong - Brian "Apex" Armstrong. Get yours at https://t.co/GHBGfXfplO
Real life hubs are a great way to find valuable signals amidst an internet of noise. In real life, people are interesting, kind, thoughtful and nuanced - qualities missing from a lot of our internet-based lives. Go check this out!
Base has arrived in London!
The @base team is setting up at Encode Hub, joining forces to grow the UK builder community.
Expect Base workshops, socials, office hours, and plenty of builder action.
Celebrate with us at the Base @ Encode Hub Launch on 27th November!
Tickets available now👇