Writing on the parts of crypto and blockchain infrastructure that have proven useful after the hype cycle — stablecoins, tokenized assets, identity, and the production-grade tooling underneath.
Tokens come and go. The communities that hold them — the ones that show up to govern, build, and use — are what's actually durable in Web3.
Smart contracts are public, immutable, and irreversible. The audit isn't a nice-to-have. It's the only check between your code and a permanent exploit.
Web3 products that win are the ones that make the wallet invisible. Everyone else is shipping a credential prompt as a product.
Tokenomics is just an economic model wearing a costume. The same questions you'd ask of any new currency apply — and most projects fail to answer them.
The 2025 Web3 conversation isn't "should we build on it?" — it's much smaller, more boring, more answerable: should we accept stablecoin payments from international customers?