1/ Crypto's Role in the Final Unbundling Highlights from my recent Messari report. A final unbundling is happening in software, and crypto will accelerate its financialization. We're in the early innings, and many people aren't paying attention yet. Here's the scoop 🧵👇:

2/ The final unbundling is a concept Ben Thompson wrote about in 2022. Major technological changes unbundle parts of a value chain from idea -> consumption. AI has unbundled the creation of ideas and their substantiation in many fields. This is now accelerating in software.

3/ AI-assisted developer tools are gaining immense popularity. This is massively reducing the cost, time and skill to get from idea -> MVP. There are 3 reasons to believe this will result in an explosion of consumer apps: 1) historically, lowering the barriers to production has led to massive increases in production, 2) the reduction in opex makes entering niche markets economically viable, 3) entry-level jobs are getting crushed (and we have the data to back it up).

4/ There's a new crypto ecosystem dedicated to pairing capital formation and distribution with the generation of high-velocity apps. It's at times modular and at times vertical, with components of app production, social media, and funding mechanisms fueling this economy.

5/ Projects like @devfunpump , @tryoharaAI , @Farcade_AI , @poofnew, and @alchemistAIapp are carving out wedges, leveraging novel social and economic primitives to build structural advantages that extend far past raw technical capabilities.