Gm! This is a live episode recorded at Permissionless 2025 with Tzvi (Baxus), Luca (Pudgy Penguins), Armani (Backpack) & Santi (Inversion). We deep dive into how to acquire users in crypto, finding PMF, why it's time to build great apps & more. Enjoy!

--

Follow Tzvi: https://x.com/web4O

Follow Luca: https://x.com/LucaNetz

Follow Armani: https://x.com/armaniferrante

Follow Santi: https://x.com/santiagoroel

Follow Jack: https://x.com/whosknave

Follow Lightspeed: https://twitter.com/Lightspeedpodhq

Subscribe to the Lightspeed Newsletter: https://blockworks.co/newsletter/lightspeed

Join the Lightspeed Telegram: https://t.me/+QUl_ZOj2nMJlZTEx

--

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

--

Katana is a DeFi-first chain built for deep liquidity and high yield. No empty emissions, just real yield and sequencer fees routed back to DeFi users.

Pre-deposit now: Earn high APRs with Turtle Club [https://app.turtle.club/campaigns/katana] or spin the wheel with Katana Krates [https://app.katana.network/krates]

--

Ledger, the global leader in digital asset security, proudly sponsors the Lightspeed podcast. As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your Solana assets. Buy a LEDGER™ device now and build confidently, knowing your SOL are safe.

SOL lovers, grab your Ledger Flex Solana Edition now at:

https://ecommerce-shop-frontend.stg.ldg-tech.com/products/ledger-flex-solana-edition-sol-eligibility

--

(00:00) Introduction

(01:26) Acquiring Users In Crypto

(06:46) Crypto’s Path Forward In The Next 10 Years

(13:52) Katana Ad

(14:45) Ledger Ad

(15:15) Finding PMF In Crypto

(20:05) The Next Evolution Of Crypto Exchanges

(29:13) Katana Ad

(30:05) Ledger Ad

(30:35) Why Build Consumer Apps?

--

Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Jack, and our guests may hold positions in the companies, funds, or projects discussed.

067 - A Perfect Coach - Jamie Baer