Thesis:
- Modularity - Bringing together the sharpest pieces allows for scale and customization
- Social crypto on Farcaster is a massive unlock for mass adoption
- Consumer crypto will be the prevailing narrative this cycle
- Concentrated bets payoff better than diversified bets
Observations from previous cycles and the bear:
- <1% of Indian builders truly operate on chain- Can’t build for a consumer you don’t understand
- Bounty and grant chasing- Everyone has been guilty
- Less focus on building, more on socialising. SuperteamDAO is an exception here.