Recently in an internal meeting, the Delphi Research team pondered how many AI applications truly require crypto. Meanwhile, researchers and investors have questioned whether the intersection of crypto and AI is a forced marriage or a necessary evolution. While AI has advanced rapidly under the control of centralized tech giants like Open

This is the spiritual sequel to my last Alpha Feed post on crypto’s recent bout of existential nihilism.

When the sun set on the 2021 crypto bull run, there was an unshakeable feeling of optimism. We were building infrastructure with the vision of building real products on top of it. Until SBF and gang decided to rain fecal matter on our

With countless new and emerging chains coming to market imminently, I’ve been thinking a lot about how the blockchain landscape will shape up. While its inherently difficult to speculate on things given a confluence of factors, I’ve found a simple question to be helpful:

What is the actual reason that people use one chain over another?

Wh

Protocols and projects built in the DePIN ecosystem promise to revolutionize the way both physical and digital infrastructure—such as energy grids, wireless networks, and cloud computing—are built and maintained. By distributing ownership and operation across independent participants, DePIN aims to rival centralized oligopolies with decen

While Solana has been the breakout success story of recent years, its DeFi ecosystem has trailed Ethereum in product diversity. However, with faster blocks and cheaper transactions, Solana is perfectly suited for DeFi innovation and growth. The success of yield trading and points farming on Ethereum, exemplified by Pendle’s remarkable jou

If you think about it, no rollup launched recently (Eclipse, Megaeth, Abstract) has planned to use Ethereum blobs because ETH simply can’t compete with what altDA offers to rollups. So Ethereum is stuck in a dilemma: increasing blobs puts more resource pressure on nodes, reducing decentralization (which goes against Ethereum’s ethos).

If

In 2017 and 2021, the most common piece of advice in crypto was to buy break outs. That is, when a coin breaks past its ATH, deploy more capital — Soros style. Things are very different today. In the wreckage of DexScreener charts, you’ll see a fairly common pattern: coins no longer react like they suddenly found the cure to cancer at ATH

The rapid evolution of advanced AI tools like OpenAI’s “Deep Research” feature is forcing a structural shift in knowledge work, research, and economic power. Unlike previous innovation waves that automated physical labor, reasoning models like Deep Research (fine-tuned o3) target cognitive and creative tasks, shaking up industries that on

There was a good discussion on TIA in the Pro chat and I felt worthy to repost it here:

zen master: Lot of positive takes about TIA on timeline including by Jon (ex-Delphi). Does anyone here have a strong take on its current state?

facundo (delphi): I don’t want to assume bad intentions and think Celestia is paying CT influencers to hype

New forms of intelligence are evolving at an accelerating rate, yet the most widely used models remain fundamentally constrained—locked into human-defined training cycles, reliant on static pattern recognition, and often incapable of true independent thought. To unlock intelligence that transcends pattern matching, AI must move toward end