What’s most impressive about fair launched projects like $YFI and $SUSHI is that they were both able to create billion dollar enterprises in just months without a dime of upfront investment.
Blockchains fundamentally collapse the costs of launching and scaling networks to zero.
Blockchains fundamentally collapse the costs of launching and scaling networks to zero.
Decentralized computing infrastructure is powerful.
Blockchains are shared public infrastructure, and if you design the right set of rules and incentives on top of them, users and capital will self-organize to create novel institutions that are global, open, and permanent.
Blockchains are shared public infrastructure, and if you design the right set of rules and incentives on top of them, users and capital will self-organize to create novel institutions that are global, open, and permanent.
This is why so many people in DeFi are excited by $YFI.
It is the best example of how blockchains collapse the costs of launching networks to zero, and provide the foundation for truly grassroots, internet native, self-organized institutions.
It is the best example of how blockchains collapse the costs of launching networks to zero, and provide the foundation for truly grassroots, internet native, self-organized institutions.
And the most incredible part is how profitable some of these projects are just a few months in.
Where else can you find six month old enterprises that are experiencing hockey stick growth, require zero upfront investment, have moonshot potential, and are already profitable?
Where else can you find six month old enterprises that are experiencing hockey stick growth, require zero upfront investment, have moonshot potential, and are already profitable?
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