Amidst the debate over which app is taking the right direction, the real story is that open social graphs enable differences in opinion to be turned into different clients.
https://www.pmayr.xyz/open-social-graphs/
Last week we published Q3 market commentary. The big theme continues to be the convergence of DeFi and TradFi:
- Prediction markets as new financial / information markets
- Perp DEXs eating into CEX volumes
- Proliferation of stablecoins
https://prelude.xyz/content/market-commentary-q32025
@courtyard has quietly been building a breakout consumer app. It's still early in their journey, but I wrote some thoughts on what the team has done well to get here, and some insights gained for founders building consumer products onchain
https://www.pmayr.xyz/some-lessons-from-courtyard/
The convergence of DeFi and TradFi is underway. We have the perfect storm of built out infrastructure, mature DeFi protocols and a thawing regulatory environment to make it happen. I wrote about 4 categories of startups enabling this shift I'm particularly excited about
https://www.pmayr.xyz/startups-that-bridge-defi-and-tradfi/
Today we’re excited to announce that Cherry Crypto is now
Prelude. Over the past 3 years we’ve been fortunate to partner with some of the crypto industry’s best founders at the earliest stages, and look forward to continuing that work as Prelude
I wrote an updated post on the DeSci value chain. There are 4 parts: funding, execution, publishing and commercialization. Over the past year there's been a lot of activity across the spectrum and the first drug developed through DeSci was brought to commercialization
https://www.pmayr.xyz/the-desci-value-chain-in-2025/
If there’s a lesson for Europe to take from the past couple of weeks, it’s that it needs to wake up. Reform debt brakes, fund defense, boost nuclear / russian energy alternatives and evolve capital markets to meet the opportunity
https://www.pmayr.xyz/europes-rude-awakening/
I just got back to London after a couple of weeks in Lisbon. Its a city I love to spend time in, and one with a growing tech/crypto scene
https://www.pmayr.xyz/lisbon/