The top five narratives discussed at ETH Denver: Farcaster is everywhere, and 90% of projects plan to issue tokens quickly

Deep Tide TechFlow
2024-03-04 16:19:10
Collection
Airdrop points are the best participation drivers and the best solution to the project's cold start problem.

Written by: shaaa.eth

Compiled by: Deep Tide TechFlow

The author of this article, shaaa.eth, is a crypto researcher who summarizes the top five narratives derived from multiple discussions with others at the recent ETH Denver.

1. This is still a contest between the U.S. and the world

This is the most powerful and unified narrative that a team can cultivate,

Communities like Cosmos, Solana, ETH, Bitcoin, SUI, NFT, etc., are aligned on how to win.

What you need to do: Research the teams that truly believe in this narrative (Hint: they have won)

Translator's note: This refers to a situation in a certain field or competition where it is perceived as "us" against "the whole world." In this narrative, there is usually an emphasis on the unity within the crypto community and a collective resistance against external adverse competitive factors.

The author mentions a common concept or mindset that teams that genuinely believe they can withstand external pressures and achieve victory tend to perform better in competition.

2. Farcaster & Frames

This has come up in almost every conversation at the conference.

Tips on posts, payments within Frames, transactions within Frames, games within Frames, everything within Frames…

If we launch a groundbreaking consumer cryptocurrency application, it is likely to be Farcaster.

What you need to do: Learn about the mechanisms generated by DEGEN and Perl in Farcaster and the principles of related tokens.

3. Airdrops & Points

Airdrops & points are the best drivers of participation and the best solution to the project cold start problem.

90% of the projects I have encountered plan to launch tokens and will do so soon.

What you need to do: Try every new project on-chain this year.

4. Summer is coming

We have experienced DeFi Summer and NFT Summer.

Re-staking Summer is the consensus at ETH Denver now, but few could predict what the consensus for summer would ultimately be during winter.

Other potential alternatives for XX Summer include Bitcoin L2, crypto AI, RWA, and Meme coins.

What you need to do: Familiarize yourself with each of the above tracks and expect the unexpected.

5. Three big projects starting with B

Berachain: So far, Berapalooza is the most attended and hyped event at ETH Denver. New consensus + elite meme will be an irresistible bet.

Blast: Although the recent mainnet launch has been quite dull and deterred by gas fees (referring to migrating ETH to Blast), we cannot deny that Blast's tendency towards a degen design structure will inevitably attract liquidity.

Base: When Coinbase enters the top 10 of the app store, where do you think those users will go next? Having 10 people waiting to chat with Jesse Pollak (a contributor to Base) is also a positive signal.

What you need to do: Take proactive action, don’t miss the opportunity, and engage in the 3B-related ecosystem.

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