This tweet is about base in general but applies to many things. I often see successful crypto protocols, chains, and apps lose their footing and customers because they tried to become too vanilla or too “pleasing.”

fwiw coinbase is my main offramp and has been a good experience, however I think recently the behvaior displayed is subject

It’s easy to assume CEX support and bridging are relatively efficient markets that reasonably reflect demand. If a chain has momentum, CEXs and interop solutions like LayerZero integrate it. But what if CEX support and interop are bigger success factors than we think? Perhaps CEX support and interop are key factors that must be optimally

https://x.com/anna_kazlauskas/status/1905414468315549737?s=46

COLLECTIVE-1: the first user-owned foundation model, made possible by Vana and Flwr Labs

Specs: 7B parameters, using private data from 1M+ users on Vana – data that no single company has. Goal: scale to 100M users to create better AI than any centralized AI lab.

Interesting piv

Welcome back to Market Matters – April edition!

Ma

“Fund Managers Have Never Turned So Pessimistic”; “Investors Haven’t Been This Bearish in 30 Years”

Those are the headlines that Bank of America’s latest Global Fund Manager Survey generated today. In “normal” times, these reports tend to have a few interesting insights, but it’s usually smaller incremental changes that aren’t too surpris

https://ir.janover.co/content/news/Janover-Announces-Strategic-Partnership-with-Kraken

Kraken furthers its hot streak by partnering with Janover.

Kraken plans to delegate a portion of its current and future Solana (SOL) stake to Janover-operated validators. Today, Kraken has over 4.5M SOL (approx. $500M) of delegation.

We are entering a rare four-day stretch where the mean and median returns for BTC in April are nearly identical. Come the 19th of April, the two returns series diverge (though both end the month in positive territory).

If we project out further through the end of Q2, the starkness becomes even more pronounced.

Which road shall we travel

DePIN has attracted significant investment interest from the market with most protocols trading anywhere between a 25-200x onchain revenue multiples (with RNDR leading the pack with about a 1000x multiple). Most tokens in the category command valuations that seem difficult to justify when examining their actual user adoption metrics and g

Just a quick observation that over the past four weeks, Mondays have consistently been risk-on for Bitcoin. There are still a few hours left before the close, but should we remain above $83,600.82 during that time, we will lock in four straight weeks of gains on Mondays.