ViewDAO
📊 I think we’re in the late stage of the dot-com equivalent cycle. Max extraction already happened. Most retail has left. Exchanges are now listing TradFi indices and commodities instead of new tokens. But if you think back to dot-com, some infrastructure survived — and became everything. I think crypto will be the same. We don’t have many, but we do have real products, real founders, real builders. And institutional rails are being laid quietly in the background. Easy 100x in 2 months? Gone. But is the opportunity for crypto to still produce 100x returns gone? No. Personally, I think there are 2 sectors where real opportunity still exists --------------------------------------------- 1. Prediction markets We’re in a gambling supercycle. This isn’t just “markets are boring so people want to gamble.” That’s part of it, but we’re now in a narrative-driven world — even in TradFi and commodities. Betting participation in the US jumped from 25% → 30% in a year. Driven by Gen Z (34%) and Millennials (42%). These are the most narrative-sensitive cohorts. They can’t outwork inflation. AI is eating jobs. Real estate is out of reach. So they bet on outcomes. Betting = investing is getting bigger, not smaller. --------------------------------------------- 2. Agent infrastructure (Agent commerce) With tools like Claude and OpenClaw, a solo founder or small team can now build a unicorn faster than ever. Production cost collapsed. Within 3 years, most people will have their own AI agents. The real opportunity is the infra that connects those agents to users or Agent to Agent. That’s where value accrues. Crypto is the perfect funding layer for this. ICOs might come back in a new form. Bear markets are where edges are built — airdrops, research, networking, early conviction. Easy money is gone. But if you have edge and a long-term mindset, the next 100x is still there — just over years, not months.
đź”— https://twitter.com/joshuadeuk/status/2040418016186536380