Why Solana Wins | Solana Legend
Unlayered
Comparing Cryptocurrencies and the Potential of 404s on NFTs
Bitcoin is seen as a better version of Ethereum due to its stability and being considered as 'sound money.' Ethereum is facing competition from high throughput blockchains like Solana and is being squeezed by layer twos. The speaker predicts that crypto-native Ponzi schemes like Bitcoin could dominate the market. Concerning the adoption of Asian phenomenon like ordinals or BRC-20 in the West, the speaker believes it is probable. However, the real potential lies in the 404 scene for NFTs which could unlock new use cases and businesses. The ability to list NFT collections as fundable tokens on centralized exchanges could bridge the gap between fundables and non-fundables in the crypto community. This approach can lead to a scenario where hybridization of OG collections like board apes into fundables occurs, thereby creating a situation where tokens gain value and JPEGs become tokens and vice versa.
