Bell Curve

The Attention Economy, Hyperliquid’s Success, and New Asset Classes | Roundup

18 snips
Dec 13, 2024
Dive into the intricacies of the attention economy, where meme coins reign supreme despite their moral quandaries. Discover Hyperliquid's rise amidst the DeFi boom and how trading firms are innovating in this competitive space. Explore the NFT landscape, especially the appeal of profile picture NFTs and community-driven projects like Pudgy Penguins. The future of blockchain reveals new asset classes and the balancing act between development and infrastructure, all while navigating Layer 1 and Layer 2 dynamics.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

NFT Display Case

  • NFTs make sense as profile pictures (PFPs) for flexing status.
  • A canonical display case, like social media profiles, is crucial for NFT value.
INSIGHT

NFT Utility and Growth

  • NFT collections launching tokens add utility, like Bored Ape Yacht Club's events.
  • Balancing scarcity, utility, and audience growth is crucial, like with Top Shot.
ANECDOTE

NFTs and Media Models

  • Media companies use mass media (ads) or a smaller, engaged audience (events).
  • NFTs can function like the latter, monetizing a core fan base.
Get the Snipd Podcast app to discover more snips from this episode
Get the app