@sandeepnailwal@GianTheRios@0xPolygon Fin) Crypto exists at its core as a way to transact in a digital medium. Understanding what lanes exist 20 & 100 years from now is paramount, and IMO it's RWA's and identity verification. Everyone who wants to be verified should. Truth wins consumer confidence therefore mkt share
@sandeepnailwal@GianTheRios@0xPolygon 3) Fragmentation. There is a huge split between those wanting digital anonymity and those who want to live in a safe and secure digital world. Anons don't want to have their presidential election online even though we all know it's a better system than what currently exists
"If adoption doesn’t flow to the application layer, the ecosystem risks becoming like a highway without businesses, cars, or commerce—underutilized and unable to deliver sustainable value."
So bullish for 2025 and beyond
The real flippening is that DeFi has overtaken the SCP sector in fee revenue for the first time on a sustained basis.
DeFi daily fees (blue) are now consistently surpassing SCP network fees (white). The histogram highlights this shift, measuring the difference or fee dominance. Since DeFi’s inception, usage at the application layer has never outpaced the infrastructure layer—until now.
The Dencun upgrade, which reset fees lower in the Ethereum ecosystem, has marked a turning point, with DeFi in ascendency.
This is a strong value signal for DeFi and a bellwether for the broader crypto economy. Adoption flowing to the application layer is like revenue flowing to businesses built on top of a payment network, rather than just to the payment processors themselves.
The base layer (SCP networks)—like Visa or Mastercard—provides the infrastructure for transactions, but the real economic value is created by the businesses (applications) operating on top, delivering products and services that users actively engage with.
If adoption doesn’t flow to the application layer, the ecosystem risks becoming like a highway without businesses, cars, or commerce—underutilized and unable to deliver sustainable value.
With tokenization, AI, and regulations intersecting critically in the DeFi sector, a DeFi resurgence is underway.
The next @RealVision Pro-Crypto report is a deep dive on DeFi--drops this Friday.
@ethan_h_bailey @LinksDAO "Unlike Non-Fungible Tokens (NFTs), SBTs, if they were to exist, would not be able to be exchanged or moved, making them a unique representation of an individual's identity."
https://t.co/hQKNDnD3sH
@ethan_h_bailey @LinksDAO How do you prevent minors from buying or owning the NFT?
Conceptually I agree re building community through web3 infra, but the specific piece on ownership may be better suited for an SBT or *gasp* not tokenized
@ethan_h_bailey @LinksDAO Mostly agree - but a tricky piece is the word “ownership”
Ownership of land or a business in the US needs KYC and the nft doesn’t provide that.
A sports equinox: today will feature pro football, baseball, basketball and hockey games. From Monday Night Football to Game 3 of the World Series to the NBA and NHL, there is something for every sports fan.
@AndrewSteinwold Agreed, but framing needs to shift
NFTs today are mainly art and collectibles. Value is arbitrary and therefore unpredictable - from investors eyes
Your point, which I agree, the tokenization of physical assets (land deeds, medical records..) will change capital markets forever
BREAKING: @ensdomains is now integrated into @Venmo and @PayPal
You can now send funds to crypto wallets connected to .eth addresses
Ethereum's adoption continues...