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ICYMI: monthly @withAUSD senders on @avax closing in on 1k. 🔺📈
#AVAX
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Why did we add Ecosystem pages for chains? 1⃣ Chain revenue matters 2⃣ Chain revenue is a % of app revenue 3⃣ The more $ the apps make, the more the underlying chain can capture 🟰 chains want to max. the exposure their apps get towards relevant developers, users & investors
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🇺🇸🏦 Crypto Strategic Reserve
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The investment case for $ETH, according to @BlackRock: 1. USD-linked tokens Stablecoin supply on Ethereum ~$130 billion 2. Decentralized finance User deposits to Aave's Ethereum deployment ~$25 billion 3. Tokenization User deposits to BlackRock's BUIDL fund on Ethereum ~$380 million
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💬✍️ @altcap on value capture in AI: ▪️ great tech is a pre-requisite for success ▪️ winner is the one that gets all the users ▪️ in search, all the users gathered around google ▪️ the competitors had equally good benchmarks, but no users sounds familia
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In other words: An L1/L2 becomes a better business when the apps on top of it succeed. Which is why all L1/L2 Foundations should be incentivized to ensure that the apps in their ecosystem get all the help & recognition they deserve!
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