Well guys, the last month has been pretty busy and it has really opened my eyes to the real and raw potential of onchain finance.
The first thing I’ve realized is that Solana truly is amazing; the infrastructure built and the amount of money and brains on chain is truly amazing.
The majority of the volume right now is being driven by speculative assets based around gambling which is totally okay in my opinion. But, that is not the entirety of Solana. There is a strong defi presence; and emerging platforms such as the Believe ecosystem.
I believe the next wave will be driven by regular people; and creators. What I’ve done with built daily, and others are starting to do with “$ Chef” and “$ Fluffy” is quite simply inspiring.
These are tokens on Solana launched on “lets bonk” which is a tool that will launch your token and as its traded you get a cut of the fees generated. This means, as the creator you can earn unlimited upside as people transact.
So, instead of getting a loan from a bank people with the right set of skills could potentially launch a token as a means of funding. Incredible!
I shared a similar thought on Linkedin a few days ago, you can see it here.
Otties are live on Solana!
Otties are an NFT project which is built around cute otters. They act as an avatar and a store of value of the brand. You can buy, and sell them on the open market. You could even build a personal brand around it as many have in crypto with other NFT projects.
It adds another avenue for storytelling and content. Its a project for people who are Built Daily.
We’ll be going live on Twitter/X and YouTube twice per week to update the community and talk about content and coins + whatever else comes to our attention. Tuesdays and Thursdays at 1:30 EST.
You can check the podcast out here; bunch of great guests lined up that should add a lot of value to those who listen
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