Mippo 🟪

观点

Mippo 🟪

Mippo 🟪

02:16

There's a great analog here to crypto in 2021. Back then a wave of genuine innovation (DeFi, onchain trading, new L1s, rollups, etc...) led to a tsunami of new tokens. Uniswap led to SushiSwap and a million other clones whose names you've forgotten, yield farming at Compound kicked off Yam. It's easy to look back at those failures as obvious, but what most people forget is these businesses were doing REAL revenue. REV for 2021 was $12B (!!), or 3X what it is today when you have arguably 10X the amount of real institutional adoption. Most of those new tokens failed, as most forks were useless. Easy come, easy go. The final phase, what crypto is going through now, is consolidation and a focus on distribution. The same thing is going to happen with these new vibe coded apps. We aren't heading towards a world of 25 DoorDashes, but that also doesn't mean things won't get weird and some genuine disruption along the way.