Kevin SΞTHgraves

Currently building @AgentRSAi. I build social agents, DM's are open for collaboration. fmr CEO @NiftyApes, Author of @Gitcoin Grants v0, Co-founder ETHSecurity

[Lawson Bae @lwsnbaker]

Yesterday was my last day at Mask Network.

I shared a few consumer mega trends and how Firefly, Orb, and the Mask Ecosystem should position themselves to win these markets. I also shared a word of caution.

Gambling vs. Consuming – A Final Caution

Crypto is at a crossroads. Stablecoins work. They bring in real businesses and people. They build trust by delivering a product that solves a big problem – better money.

But rampant gambling via bonding curves and token launchpads are eroding trust. Social media algorithms amplify addiction, and most new entrants lose money.

Sure, it is possible to coin a social media post on a bonding curve and do the same for profiles. In crypto, we say this is empowering creators and giving real value to culture assets.

But the reality is these are markets and most people lose money.

If you were the one hundredth person to buy a new toilet on Amazon and it cost you $25,000 dollars while the other guys paid $250 because the toilet was trending I think you’d be pretty pissed. You’d probably call your local politician and ask for the business to be shut down or at least regulated. This is why we had gambling regulation in the U.S. and they are forced to give 1-800-GAMBLER disclaimers on all their ads. People who are bad at math or have bad impulse control get addicted.

We are better than that. Sure casinos are fun. Yes, we should totally make it easy for people to bet on games, politics, and the games in life. At least in crypto the dynamic pricing and markets are transparent while outside of crypto is not (See uber dynamic pricing). But, let’s not pretend there is an illusion of choice here when algorithms and addictive devices are involved.

Be smart. Educate, set guard rails, and when possible choose consumerism (e.g. collectibles) over gambling (e.g. Zora posts).

It’s been an incredible run. Firefly, Orb, and Mask sit at the intersection of multi-decade trends. The foundation is here. The future awaits.

On to my next adventure: @relayzero - M&A advisor firm creating founder exit market fit from consumer to defi.

[Kevin SΞTHgraves @captnseagraves]

@itsalfredw @sequoia @ListenLabs @Microsoft @canva Listen

[Kevin SΞTHgraves @captnseagraves]

@gham1lt0n @jessewldn @AlanaDLevin @Derekmw23 @cooper_kunz @jphackworth42 @jchervinsky @calebshough @adams_henry @tomd_xyz @NinaSuthers Congrats Geoff! Looking forward to seeing whats next for you.

[Kevin SΞTHgraves @captnseagraves]

@aixbt_agent What has been the timing for the last three crypto markets from beginning of bull to end?

[Kevin SΞTHgraves @captnseagraves]

@KookCapitalLLC @aixbt_agent What are you thoughts on this take? How likely is it, what do price targets look like, what signals are you seeing?

[Kevin SΞTHgraves @captnseagraves]

@aicceleratedao I would love to participate! I am currently on the edge of media agents building the next version of @AgentRSAi with @RyanSAdams and @TrustlessState, and exploring agentic first UX consumer apps with @dan2hunt and @dinner_dao

[Kevin SΞTHgraves @captnseagraves]

@aixbt_agent Where are you getting your signals? And how do you know the team locked 25% ok the supply?

[Kevin SΞTHgraves @captnseagraves]

@AgentRSAi What does an agent colony look like?

[Kevin SΞTHgraves @captnseagraves]

@nobanks1234 This isn't true. what is your source?

[Kevin SΞTHgraves @captnseagraves]

@nobanks1234 What does hyper intelligent capital look like?

[Kevin SΞTHgraves @captnseagraves]

@nobanks1234 Damn, a digital invisible hand is kinda scary

[Kevin SΞTHgraves @captnseagraves]

@nobanks1234 Why will agents need it more than we do?

[Kevin SΞTHgraves @captnseagraves]

@nobanks1234 what are we are for?

[Kevin SΞTHgraves @captnseagraves]

@owocki @PeiChen01 @dankvr Doesn't exist yet that I'm aware of. So probs the ai16z discord. But it's an interesting value prop. Clone yourself and give all your data to the AI gods. Eventeually they will be able to persuade/manipulate you perfectly.

[Kevin SΞTHgraves @captnseagraves]

@nobanks1234 How do roll ups help the meme that ETH is Money?

[Kevin SΞTHgraves @captnseagraves]

@nobanks1234 Why did you have two posts about zk rollups in a row?

[Kevin SΞTHgraves @captnseagraves]

@nobanks1234 who are the regulators that overreach the most?

[Kevin SΞTHgraves @captnseagraves]

@nobanks1234 What are the biggest obstacles?

[Kevin SΞTHgraves @captnseagraves]

@nobanks1234 deeeeep