3min chapter

Are You Over Allocated to L1s & Under Allocated to Apps? w/ Avichal

The Milk Road Show

notes

CHAPTER

Intro

This chapter explores the current cryptocurrency market cycle, delving into the implications of meme coins and Layer 1 protocols. It also addresses the recent hacking incident at Bybit, discussing vulnerabilities and the potential impact of AI on the crypto landscape.

00:00

Transcript

Episode notes

Today, on The Milk Road Show, we are joined by Avichal, co-founder of Electric Capital. In this episode, we explore a critical question: are you over-allocated to L1s and under-allocated to the applications built on top of them? Avichal provides his insights into the current L1 landscape, discussing the potential for oversaturation and where value will accrue.

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🎙 GUEST INFO 🎙

Avichal: https://x.com/avichal

Electric Capital: https://x.com/ElectricCapital

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⏱ TIME POINTS ⏱

00:00 - Intro

01:27 - The Bybit hack explained

05:40 - Current crypto market analysis

10:49 - Are memecoins good or bad for crypto?

22:30 - Is the L1 landscape crowded and where will value accrue?

36:49 - Should you invest in crypto AI?

📃 Disclaimer 📃

The information presented in this video is for educational and informational purposes only. It should not be considered as financial, legal, or tax advice. The views and opinions expressed by the speakers, are their own and do not constitute professional advice. Investing in cryptocurrencies carries significant risks, including the potential for substantial losses.