Worth noting.
For years, chains paid apps huge amounts to join their network. Robinhood Chain is the first time I have seen the opposite.
Apps are now paying (or trying to pay) Robinhood to join the chain.
I have 2 tickets for July 5 world cup at metlife.
Very good seats (see pic). Hospitality lounge. Free food and drink. But can no longer make it.
DM if you want to buy.
This is really cool.
I wrote this post 8 years ago.
A good reminder that tech adoption take longer to happen than you think it will, and then happens faster than you ever thought it could.
We're opening the waitlist for our Monetization Gateway, which will allow you to charge for any web page, dataset, API, or MCP tool behind Cloudflare. The charges will settle in stablecoins over the x402 open protocol. https://t.co/pvICtEIixj
I've been spending time with Button folks.
Very cracked team (@atifkhan31 and co)
You describe your thesis, it researches then backtests strategy, then executes on exchanges. Many have tried and failed, think time/team could be right here.
1/ @buttonxyz is building around a shift in markets: the edge has moved from access to synthesis.
Data is no longer the moat. Everyone can pull price history, onchain data, X, prediction markets, and research feeds. The edge is turning all of it into a decision faster.
There is no secret.
The last phase is grit, resilience, and not giving up. Most people won't do these things consistently enough for long enough.
The world is yours. Go build.
"The Blockworks transparency filings are the single best tool to bring more trust into token capital markets. You should be questioning every project that's trying to avoid these filings."
Amen.
I continue to be incredibly excited about the stellar work that the Blockworks team is putting in, and I continue to believe that the majority doesn't give this enough love and attention as they are underestimating what kind of key role these filings will play as they continue to evolve.
They just released the B-2 filing for more transparency for well established and more mature protocols, while the B-1 filing was rather focused on projects that are around their TGE in their lifecycle.
Especially things like KOL marketing activities, backdoor advisory and CEX deals, market maker agreements etc are the exact opaque things that so many liquid investors have been burnt on before. Impressive to see strong projects like @jito_sol, @MetaDAOProject, @Morpho, @metaplex and many others leading by example and finally changing this once and for all.
The Blockworks transparency filings are the single best tool to bring more trust into token capital markets, and slowly but surely you should be questioning every project that's trying to avoid these filings. Since they are completely free for projects, this can only mean one thing: they have something to hide.
Slowly but surely, we are separating the wheat from the chaff, and as these filings evolve and the industry gets more used to them, there will soon be no way around them for founders who are serious about their tokens.
@JasonYanowitz and @MikeIppolito_ the heroes we didn't deserve.
2026: public beta. no one will use. most shouldn't be live today but market rewards AI so they shipped quickly
2027: every brokerage will push it. only power users. brokers will push setting up trades for you but human has to press yes
2028: first significant amount of retail volume but mostly capped and rules based
2029: hedge fund in every home
Pretty good high level of what we're building.
> an agent is only as good as the data it can reach and the API it can call
> acquisition is the most direct bet on the agent thesis
> as trading goes agentic, whoever holds the cleanest, most complete, most programmatically accessible record of onchain assets becomes the layer agents are forced to route through
> blockworks will become the single system of record for all onchain assets
> combined biz = issuers publish in, consumers query out, and the platform sits in the middle as the record both depend on
Solana and Hyperliquid have done fantastic jobs maintaining trading volume market share of their native assets.
If you can't maintain share leadership of your native asset, why should we expect you to maintain it for others??
Compare and contrast SOL, HYPE & ETH
don't think that's correct framing
opportunity is not "will there be hundreds of thousands of crypto companies"
it's "will there be enough big winners that start small, scale 100x, and bring vendors with them?β
that's how many of best b2b businesses grew. stripe early customers were YC/startups who turned into lyft, postmates, squarespace, twitter, etc
whatsapp + uber represented 30% of twilio revenue. shopify was 15% of stripe
we don't need 100k winners. we need a few power-law winners
I see a lot of crypto teams pivoting their entire product and GTM strategy to support institutions.
That's a mistake.
Yes institutions and enterprises are big, shiny customers with theoretically large budgets. Their logos look nice on your website.
But crypto products will scale massively over the coming years. You will do well if you can sell to them and scale with them.
Study Stripe, Twilio, Atlassian, etc
Pivoting away from crypto teams today is the startup strategy version of selling the bottom.