Unchained The Chopping Block: NFA for Founders, Worldcoin and UniswapX Launch, Hamster Racing - Ep. 523
Jul 27, 2023
This week’s discussion dives into whether the crypto world is overspending on infrastructure. The hosts also unpack the controversial new Worldcoin token, debating its implications for identity verification in crypto. Quirky yet thought-provoking, they explore the rise of digital hamster racing, raising questions about its impact on public perception of crypto. Innovations like UniswapX are highlighted, showcasing a shift towards intent-based trading that could reshape the decentralized finance landscape.
AI Snips
Chapters
Transcript
Episode notes
EthCC Paris vs. ETH Denver
- EthCC Paris significantly surpassed ETH Denver in terms of attendance and overall experience.
- European crypto communities showed resilience, positivity, and a more measured approach to events like FTX, compared to the US.
Infrastructure Over-Investment?
- Current crypto funding heavily favors infrastructure projects over applications, possibly due to investor comfort.
- This echoes the 2018/2019 bear market trend and stems from the difficulty of predicting successful applications.
Focus on Applications
- Founders should prioritize building user-focused applications over infrastructure in the current crypto landscape.
- While infrastructure investment offers safer returns, focusing on applications is crucial for industry growth.