Appearances can often be deceiving. Take $BONK for example https://www.bonkcoin.com/about

I'm really interested in web3 content. Might even be more bullish on it than defi, and I'm super bullish on defi.

I’ve recently shifted my NEAR strategy from looping stNEAR (see my previous blog post about that) to staking with two of the infrastructure projects I believe are the leaders on the NEAR protocol at present: Burrow and Meta Pool

https://www.eigenlayer.com/EigenLayer

I think any good crypto portfolio should have a small amount of wild bets in it. It is still such wild west times in crypto that there is a higher than usual chance of strange little projects taking off. These periods only happen once in any industry’s history and plenty are left regretful they never were a part, and that’s usually not a regret for any missed monetary gain but for the missed experience.

As crypto adoption as continues to grow the diversity of users has grown along with it. Once purely the domain of Layer 1 blockchain token trading the crypto ecosystem has expanded into many different use cases. So much so a new term emerged to better describe this broader church it had become: web3.

Prominent tech YouTube channel Linus Tech Tips was hacked recently, having many videos deleted and a scam video streamed on their (renamed) channels for over an hour before YouTube intervened and shut the channels down. Unfortunately this type of attack on YouTube channels has not been uncommon in recent times.

The Helium Network is trying to renew it’s mission with a move to Solana, and more traditional staking economics, and a shift to 5G services. They cut over the network to Solana on April 18th 2023.

Tokenomics is hard but we've seen some clear winners emerge over the relatively short history of blockchains and cryptocurrencies.