2024: The Year in DeSci 🧵
From major innovations to breaking into the mainstream crypto ecosystem, 2024 was a turning point for DeSci, now emerging as a key narrative. Here are the top 6 highlights that defined DeSci this year.
We had no US banking for several years while one US company enjoyed a monopoly secured by its heavyweight investors. That singular bank was recently assassinated. We barely made it by focusing on Europe. @krakenfx has too many stories of clients and employees losing US banking.
Privacy wins. Today the Fifth Circuit held that @USTreasury’s sanctions against Tornado Cash smart contracts are unlawful. This is a historic win for crypto and all who cares about defending liberty. @coinbase is proud to have helped lead this important challenge. 1/6
@funghibull Feels like OS is still stuck in 2021. I see two possible ways forward for them:
1) Align with collector and degen culture, decentralize, launch a token
2) Find some normie NFT use case and hope for it to outgrow the current NFT market