Why am I so bullish on #Sui, watch this. The @SuiNetwork Full Stack is here!

Paul, Bryan and I are proud to announce the close of Standard Capital's $425M Fund I. Standard Capital is Series A for the best founders. Applications for our inaugural funding cycle are open now.

No matter what your politics might be, or what you believe about how society should be structured, it is truly a sad day today that someone who spoke their mind would be killed for it. RIP Charlie Kirk

The moment we started referring to companies who’ve raised at a billion dollar valuation as “billion dollar companies” we helped to shift the focus of startup founders from their customers to their investors. I prefer to call companies with a billion dollars in revenue “billion dollar companies”. In the first case - all it takes is an investor making a bet with someone else’s money. In the second, a billion dollars+ of value had to be delivered to customers. These are worlds apart.

I've met two YC startups this summer that have cancer cures ready for clinical trials, and I've heard of several others that do. It feels like something is going to happen. The world may be very different in 10 years.

BREAKING - Gavin Wood returns as CEO of Parity Technologies x.com/i/broadcasts/1nAJEEOny…

⚠️Cosmos’ collapse may be a warning shot for Web3! 1/ $ATOM is down 90%. Other Cosmos tokens like $OSMO, $JUNO, $INJ are down 70–99%. From Celestia to Osmosis, the same loop keeps repeating: Airdrop → Pump → Dump → Die Speculation drives out builders. Trust and capital are drained. The dream of an “Internet of Blockchains” is trapped in an airdrop economy. 2/ Cosmos didn’t collapse by accident. It reflects a broader fake business model plaguing Web3: Token → Airdrop → Hype → Liquidity → Exit → Collapse This isn’t business logic — it’s an incentive loop. It works short-term. But always breaks long-term. 3/ Some false assumptions that keep repeating: • Airdrop ≠ user growth • TVL ≠ product retention • Price ≠ revenue model Web3 isn’t incapable of monetizing — most projects just never tried building sustainable models. 4/ Cosmos’ structural problems are clear: • Appchains don’t feed value back to $ATOM (also true for many L2s and parachains) • $ATOM has no demand-side usage; inflation hurts holders • Governance drama erodes trust • Airdrop economics pushes away builders • No user value loop 5/ The bigger issue: Cosmos is not alone. Most L1s and L2s suffer the same: ✅ Strong tech ❌ Weak users ✅ Narratives ❌ No revenue logic Web3 isn’t failing to scale — it’s failing to monetize beyond speculation. 6/ So what does real business logic look like? ✔️ Solve real user problems ✔️ Users pay for services ✔️ Projects earn revenue ✔️ Revenue improves the product ✔️ A self-sustaining loop forms It’s simple — but rare. 7/ To be clear — we’re not saying @Polkadot has fully escaped this trap. But at least: • It never relied on airdrops (for better or worse) • It never hyped TVL • It’s been heads-down building hard tech • Since 2024, it has shifted toward productization and usability 8/ So, What’s happening in @Polkadot now? 1⃣Supply-side: A DOT supply cap and reduced inflation are being voted on. x.com/polkaworld_org/status/… 2⃣Demand-side: DOT demand is getting real. It’s not just for Coretime anymore. With Polkadot Hub launching soon and DOT as the main gas token — plus DeFi picking up — real utility is coming into play. x.com/polkaworld_org/status/… 3⃣Security cost: PoS costs ~$500M/year. PoP aims to cut that to ~$90M, or even offset it via Coretime sales. x.com/polkaworld_org/status/… 4⃣JAM Protocol: A new architecture to replace the relay chain, dramatically lowering dev cost + boosting compute power. x.com/polkaworld_org/status/… 5⃣On the product side, don’t overlook the Polkadot App With Polkadot Pay and a non-custodial Visa card, $DOT is entering real-world spending. x.com/polkaworld_org/status/… 9/ Polkadot is rebuilding infrastructure as a business model: • DOT = payment unit for compute • JAM = next-gen decentralized Web3 cloud • Coretime = on-demand blockspace marketplace • Elastic Scaling = chains grow with usage • One-click deployment = rollups/appchains via @PolkadotDeploy • Polkadot Hub = EVM+PVM apps with DOT as gas • PoP = cheaper, more democratic security • Deflationary model = supply cap to protect holders 10/ That leads to a true economic loop: DOT → Rent Coretime → Launch service → Earn revenue → Scale up → Demand more DOT Not based on airdrops. Not based on hype. But on actual usage. This is what a real Web3 economy should look like. 11/ Cosmos’ collapse is a mirror held up to Web3. Polkadot is far from perfect — but it’s evolving from: Speculation → Infrastructure → Real Economy And that could make all the difference in the long run.

Our application for cohort 5 of the Decentralized Voices. forum.polkadot.network/t/dec… gist.github.com/m-saxemberg/… Heavy changes, check your DMs, emails and TG to those who experimented with our model in the past.

1/ Personal News: I’m joining Mysten Labs as a Research Fellow under @kostascryptos elite hacker team with @JohnNaulty and George Digkas. We’ll be putting robots 🤖 on @SuiNetwork, shipping frontier tech, & working on hardware — all while I wrap up my PhD … yes been doing a PhD

Membership update: @PolkaBiz is stepping back from @PermanenceDAO @Chris_Nift and @MarioSchraepen have been two of our most dedicated contributors, especially during DV Cohort IV. They always brought thoughtful insights and positive energy. As a group, we respect their decision and wish them good luck in their future endeavours.❤️

This is a must-watch if you want to know more about Mythos, Mythical Games, and the vision for their future 👇

🚨BREAKING (I rarely use that term anymore, but this time I think it’s warranted 😁): All *three* crypto bills just passed the House and the GENIUS Act is now headed to @realDonaldTrump’s desk to become the first major piece of crypto legislation signed into law. Despite the last few days of drama and uncertainty, Democrats and Republicans really showed up, voting in a much more bipartisan fashion than almost anyone expected. Let’s recap: 📌The CLARITY Act passed in a vote of 294-134 with 78 Democrats voting in favor — more than double the ~35 expected, and more than the 71 who voted to pass FIT21 last year. 📌The GENIUS Act passed in a vote of 308-122 with 102 Democrats voting in favor. 📌The Anti-CBDC Act passed in a vote of 219-210 with 2 Democrats voting in favor. The signing ceremony for the GENIUS Act is set for tomorrow afternoon at the White House. A fitting (and happy) end to Crypto Week.

Yea Sex is great, but have you ever watched Bitcoin pump towards $120,000 on a Sunday night as your portfolio shows massive gains? 👀

US government needs to release the Epstein list, and be fully transparent about everything related to this case. And don't treat the public like we're idiots. Otherwise trust is completely shattered. It's obvious. Do the right thing.

It's a tremendously good thing that so many smart people are racing against each other to deliver smarter models at lower cost.

KYA (know your agent) could matter more for humanity than KYC ever did. Surprisingly before we even properly solve the human ID issues, bot IDs and unbiased behavior there will impact businesses, govs and life a lot more aggressively. Bookmark this, robots is starting dominating this planet, the question is when human to AI will clearly surpass human to human interaction % rate.

Yes - exactly the type of use case we want to serve. And eventually mortgages with real estate tokenzied onchain, non-collateralized loans, all types.

Good question. Who? At the same time, this bill raises the debt ceiling by $5 TRILLION, the biggest increase in history, putting America in the fast lane to debt slavery!

Nova Wallet X account has been compromised, do not follow the malicious link! There is no airdrop, giveaway, etc.

🎉 Big congrats! @harbour_ind_cap has made a six-figure investment in @xcavateofficial — powering the next leap in onchain real estate. Built natively on @Polkadot, Xcavate tokenizes the entire real estate cycle: Land → Development → Ownership → Asset Management 🔥 Mainnet + TGE coming Q3 2025. 🙌 Proud to see Xcavate, the 2023 Winter @Polkadot Hackathon champion (hosted by @OneBlock_) turning vision into real-world impact!