In each era of crypto there's a different founder archetype of those that succeed.
Pre 2020: Purists who came for libertarianism and decentralization. Needed to be ideological enough to not quit early and survive until the 2021 bull market.
2020-2025: Traders who knew how to build financial products that people wanted to speculate on. Understood degens and meme culture.
2025 onwards: Operators who can sell to tradfi institutions and asset managers. Have insights about financial services from working in tradfi or fintech.
As the crypto industry changes, some stubbornly dig their heels in and refuse to adapt. Those that learn new skills to reinvent themselves survive.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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