cfcbdjkr.base.eth l 🐻⛓️🏴‍☠️ 👻

₿elieve in somETHing .ETH .BERA .BASE .MEGA
f*uck CEX

[cfcbdjkr.base.eth l 🐻⛓️🏴‍☠️ 👻 @cfcbdjkr]

@base $ZORA

[cfcbdjkr.base.eth l 🐻⛓️🏴‍☠️ 👻 @cfcbdjkr]

@SmokeyTheBera Yieldchain

[Smokey The Bera 🐻⛓ @SmokeyTheBera]

Quick Consensus Miami thoughts

- vibes were way better than Hong Kong back in Feb
- legit teams still showing up (hey), a lot of folks still fading. Insto conversations dominant, no surprises there
- RWA / tokenization / adjacent infrastructure on the rise. Less agentic commerce stuff
- more interest in putting cool and weird assets on chain (borrowing against unmined metals, reinsurance / cat bond stablecoins etc)
- corpo chains will be increasingly independent and own distro. Will be increasingly tough for a classic trad company to make a case to not spin up their own chain or use Stripe/Google/Robinhood etc
- in response, we’ve gotta continue to double down on the weirder exotic products. Often means higher perceived risk, higher reward, higher barrier to entry and higher complexity, but it’s a more viable path forward than trying to beat corporates at…being corporate
- pretty decent reception and LP interest in upcoming / new products on Bera - but it’s a slower, more B2B style and paced process that we’re learning in parallel

Finally, it was great to see a bunch of bera eco teams (both new and old) and promising new builders / asset issuers

Back to heads down mode 🫡

[Smokey The Bera 🐻⛓ @SmokeyTheBera]

current infra thesis atm:

chains used to be a bet on network effects and "finding the next solana" dressed up with a good bit of technical jargon to justify it. network effects do not work when there are no users (current state of crypto retail)

distribution is unlikely to be a win condition for most teams. Eth and Sol are potential outliers here given lindyness / breakout status and existing liquidity moats. Most others (including us) are likely cooked on this front on a 1-2 year time horizon.

we're just seeing the start of corp chains - the Robinhoods and Stripes and Coinbases of the world are going to own distro, and eventually, I expect that they'll attract sufficient masses of onchain liq to give Eth / Sol a run for their money. And this is sensible - they already own the user or PoS in meatspace

there's something to be said about owning "crypto native distribution" but I suspect that its a race to the bottom as natives look for exit liq from new corporate driven retail distro and asset bases. This capital is definitely more risk on and larger (in concentration) than "classic retail" to start, so there's likely still edge here in the next year or so.

so basically - chains have to compete on an edge outside of distribution, and at some point, on liquidity as well. This likely means that they'll need to

- own their own revenue generating financial stack, or product stack (1)
- incubate and spin out stuff that uniquely leverages their tech stack to do something better than their web2 counterparts (2)
- figure out how to sell into corporates (effectively Blockchain SaaS) and solve a need for them (3)
- OWN and offer a unique application experience which cannot be easily replicated by trad counterparts (4)
- play moneyball and focus on working with applications that won't tick the boxes for large corporate chains for one reason or the other (5)

I'm biased, but being able to influence our own block rewards streams provides Berachain with a unique lever that most other networks don't have - but emissions are useless if we can't put them in the right place

our path forward / win condition is likely some combination of (1) and (5). generally guiding principles remain the same as always - avoid crowded spaces, play games with potential monopolistic outcomes or unfair advantages, and always fade the popular narrative

[cfcbdjkr.base.eth l 🐻⛓️🏴‍☠️ 👻 @cfcbdjkr]

@sophie_ptichka @YesMolotowa лол

[Smokey The Bera 🐻⛓ @SmokeyTheBera]

we've always been at our best by trying new things as opposed to chasing the hot narrative

we'll have more to share on one of our boldest and most audacious programs to date over the course of the month 🫡

for now, a small teaser of what the future holds (cashflows)

[dTelecom @dtelecom]

https://t.co/qUVqnTM0fg

[cfcbdjkr.base.eth l 🐻⛓️🏴‍☠️ 👻 @cfcbdjkr]

@Aptos Am

[Aptos @Aptos]

@stan_ngx 🔒🌐

[miya.eth 🖤 ┊ nsa.eth 🦇🔊 @miyaspokeofthis]

i support the milady thing

[darkforce @darkforcetrader]

this is $BERA token

i love $BERA token

i don't care about how the chart looks

i just love the $BERA token

[Smokey The Bera 🐻⛓ @SmokeyTheBera]

Eid Mubarak to all of the brothers and sisters out there

Eidi gifts from Berachain on the way soon 👀

[Kinfolks @KinfolksSolana]

Blessed to have the Carhartt Niqab immortalized in the @WCNetizens collection on @megaeth 🤠

Another beautiful piece crafted by @shiro57102 to propagate network spirituality ✨

Netizens in control

[cfcbdjkr.base.eth l 🐻⛓️🏴‍☠️ 👻 @cfcbdjkr]

@niz0rg Better to be a niche collection №1 in a dead(?)chain, than to become just one of many 🥹🥹🥹

[Aptos @Aptos]

The golden age of stablecoins, forged in Move on Aptos.

[cfcbdjkr.base.eth l 🐻⛓️🏴‍☠️ 👻 @cfcbdjkr]

@darkforcetrader because ooga booga

[Build A Bera Workshop @buildabera]

Our boys at @playonjoy are absolutely cooking atm. Launching soon, Joy is about to bless the timeline with a whole host of exciting announcements. Be at the forefront of gaming and follow the team @playonjoy to not miss a beat.

BAB is back 🐻⛓️

[cfcbdjkr.base.eth l 🐻⛓️🏴‍☠️ 👻 @cfcbdjkr]

Minting my Etherean by @gami_vc

Fully onchain NFT on Ethereum

JP8F4T
https://t.co/eKEWEyWy5n

[Smokey The Bera 🐻⛓ @SmokeyTheBera]

What da Beras doing?

we've been a little less terminally online as of late while focusing on a few initiatives internally;

- AI upskilling across the org. Lots of useful data to be gleaned, and low lift product / tooling efficiencies.
- Evaluating and coordinating logistics around better yield-bearing collateral on Bend
- Exploring facelifts to the core website and some of our subdApps to better adapt to the times
- Prototyping and testing internally built dApps
- Wrapping up acquisition #1 and getting ready to integrate the team + product
- Prepping to roll out the first "revenue positive" PoL pilot
- And of course, following up on conversations with teams (both new, old, and once estranged) from Denver and other venues

Looking forward to getting some more of these out of the way and one day beating the $77 a day in fees allegations (I pray for the day that DL uses PoL revenues as that metric)

Back to work 🫡

[World Computer Netizens @WCNetizens]

That's your reminder to burn 5 Netizens to commission a custom one.
Go to our discord and reserve your spot, only few left (for now)

Customs for @high_fades and @shukudaidayo

Never stop burning !