Infrastructure still has a place, but it’s neither as an L1 or an L2. Existing chains need expansion packs. Deciding to move away from the L1/L2 meta was a hard choice - but it was the smart product choice.
Let’s talk Monad. Thanks for the stimmy check. Seems like it will be 0 before we even see it. I already predicted the playbook awhile back when I talked about Berachain. Alt-L1s are completely pointless. We already have Ethereum and Solana. Any new alt-L1 raising 9 figures from VCs is to extract value from retail. The framework is established, we need more killer apps, not more chains.
3.14K
21
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.