Tokenization is the single most impactful and real crypto use case after Bitcoin (SoV).
State machine for
🖼️ Art
🪨 RWA (Commodities, Stocks, Real Estate)
💎 Loyalty Points
🪅 Events
📜 IP
✨ ...
We're building the Tokenization API and Assets app with Passkeys @base Accounts.
Magic Eden really raised $157Mn on the premise of being the no. 1 NFT marketplace across all chains only to end up pivoting away from NFTs and building whatever tf this shit is 😭
By the end of this year, @base will realize what a massive win it was when @zora moved to @solana.
For a full year, the Zora team kept milking @base users with every trend that popped up. And in the end, they just walked away from everything and launched the “Attention Market” on Solana like nothing happened.
In my opinion, this is nothing but bullshit. First it was Base users — now it might be Solana users’ turn.
LayerZero's entire business is bridging between chains. Their value proposition is "we connect 165+ blockchains."
By launching their own L1 and calling it "the last blockchain," they're implicitly saying the multi-chain future they built their bridge business on isn't viable.
Are they sending it... to Zero?
$ZRO
Obviously gigabrain tech made by who I thought were rare good actors in the space
A 100% token inflation increase is sneaky like printing more supply though pretty unfortunate
there should be a very aggressive zealousness focused towards supporting the few projects in crypto with clearly demonstrable pmf
layer zero is one of those teams
@0xfoobar Pumped to see them win tokenization too - that's correct. With this infrastructure it will be actually feasible to “Tokenize everything”. Better state machine for the world. It only makes sense to see someone winning by building blockchain atop latest innovations, compounded.
Legitimately the most important blockchain since Ethereum
LayerZero is the first team to actually unlock 100x scaling improvements while preserving decentralization - actually, improving it - and unify everything in a single package
Pumped to see them win tokenization too
As Zero sets out to power the world economy, we are bringing on a world-class advisory board.
We cannot think of a better group to help us accelerate the inevitable future:
- @CathieDWood (ARK Invest)
- @mblaugrund (ICE)
- Caroline Butler (formerly BNY Mellon)
Zero is the first multi-core decentralized world computer. Each core is capable of 2 million TPS and the blockchain scales horizontally to near infinity.
It lives up to everything we stand for:
- Decentralized
- Permissionless
- Censorship-resistant
🧵
Zero introduces four 100x breakthroughs across storage (QMDB), compute (FAFO), networking (SVID), and zk proving (Jolt Pro).
It lives up to everything we stand for:
- Decentralized
- Permissionless
- Censorship-resistant
Two and a half years ago, after watching every chain hit the same wall, we bet everything on an idea most people told us was impossible.
Zero, the last blockchain.
Crypto and tokenization will be a great equalizer, giving billions a level playing field to pursue wealth creation.
Equality of opportunity is worth pursuing. Equality of outcomes leads to very dark places.
We're making the Base app the best place to trade onchain.
Starting today, the feed will focus entirely on tradable assets. This means we're removing the Talk feed in favor of a feed of onchain activity.
As part of this shift, we're also sunsetting Creator Rewards. In the last six months, we've paid out over $450k to 17k creators. The program will wrap on Feb 15th, with final payouts on Feb 18th. We're grateful for all the creators who helped us build so far, and will be sharing new ways we'll reward the Base App community soon.
We're just getting started building the best trading experience onchain.
@MilkRoad Agreed. People underestimate the tokenization impact. Stablecoins, commodities, art - any RWA instantly transferable and composable onchain with blockchain guarantees is a better global backend.
"We spend so much time talking about AI, we're not spending enough time talking about how quickly we're going to tokenize every financial asset"
- Larry Fink
(Translation: If you're in AI, pivot to crypto)
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@cdixon Timely article and great read - it takes time to build something meaningful and a lot of failures along the way. Just survive and continue to create, that's the goal.