Shower Thoughts on newer ecosystems Many have shared this before but it has never been clearer: All recent chain launches have flopped. Faster & well-funded chains aren’t enough anymore. Networks need a clear, compelling moat if they'd like to be a general purpose chain. Base leaned into consumer - Fantasy Top, Kaito, Ethos - The Coinbase halo effect makes the environment a safe bet. MegaETH is betting on the builders, not just the tech. MegaMafia is the signal, not noise. Berachain has POL and are kicking off C.R.I.M.E. (community rewards & incentives for meaningful engagement). Chart's been struggling but low conviction builders have mostly left with many projects like Puffpaw or Infrared doubling down. Fluent pushes expressivity & Dino has been very vocal about supporting builders build weird, expressive, sticky consumer applications - I wouldn't be surprised if you had a breakout application there soon. Irys as a datachain enables more intelligent applications on top of saving them costs (Data Storage + Compute on that Data). Somnia is going deep on gaming, working hand-in-hand with titles like Uprising & will undeniably be aiding on the distribution side. Katana enshrined a few DeFi primitives (Sushi, Morpho), will work closely with builders to build new primitives on top of these while attracting users via deep liquidity + yield. Only a few actors will be able to build general purpose networks - competitors will need to forgo credible neutrality to be curated, expressive & deeply aligned.