We are transitioning to an environment where users want to outsource and automate time-consuming yet complex tasks. Lower attention spans create opportunities for personalized autonomous agents that humans can utilize to delegate task execution. We've seen this already, where users have begun to transition away from numerous distinct websites and search queries for data in favor of text-prompted LLMs that provide a universal set of answers in one terminal. The natural next step is a locally-hosted autonomous agent that is trained on all your personal data - an autonomous extension of you.
In this future, these powerful first-point operator agents will need to receive, understand, process, and respond to complex user requests. To do so effectively, they will be in charge of breaking said task into easier-to-complete subtasks. For each of these subtasks, the operator agent will be in charge of discovering, contracting, and coordinating a set of purpose-specific agents aka finding allocative efficiency.

How do we ensure that you can securely delegate your identity to an autonomous agent, while also making sure there is a universal destination for your off-chain and on-chain identity (permissions, authentication, passkeys, public/private keys, digital signatures, etc.)?
It is my current belief that this universal destination for an “autonomous extension of you” is a self-custody on-chain wallet. Wallets become a source of your cryptographically-secure digital identity that can generate attestations for off-chain and/or on-chain agentic interactions on your behalf.
The graphic above showcases user flow for their intents rooted in this wallet-centric belief. Regardless of what form factor the wallet itself will take (desktop plug-in, mobile application, chatbot interface, speech-to-text, etc.), a user will interact with their wallet as a destination for any action: on-chain or off-chain. And they can do so because their universal set of authentication permissions no exist in a self-custody manner rather than being provided by some centralized web2 OAuth 2.0 provider.
Our lives are becoming more digital and having a fragmented identity controlled by centralized authentication providers seems outdated. Utilizing a cryptographically-secure extension of your digital extension that bridges the on-chain and off-chain worlds is a pressing need.
beware of tokenizing everything
Chasing the goal of tokenizing every “real-world” asset relegates blockchains as secondary ledgers of truth rather than fulfilling their greater potential as the foundation for the future of internet finance. The attempt to tokenize everything is futile because we are in the business of developing net-new financial products that take advantage of being onchain rather than replicating existing assets. Furthermore, we should tokenize assets that supply some inherent value in being onchain - ass...
let's build something people can use
Thanks to the Placeholder investment team and Tim Robinson for the discussions here, our conversations inspired some of these takeaways. Programmable and verifiable on-chain actions should make applications easier, more intuitive, and safer to use for consumers since they remove any ambiguity that is associated with human middlemen. However, we consistently see the opposite result, as is evident by how infrastructure-heavy the industry is. The reason web3 is harder, less intuitive, and percei...
flexible programmable sequencing
Much of this piece is inspired by and, in part, a reflection of "SoK: Cross-Domain MEV" by Conor McMenamin. There is an obvious rise of shared sequencers, settlement layers, and superbuilders. This shift has brought the concept of cross-chain extractable value to the forefront, challenging us to quantify and mitigate its impact across multiple domains. I wanted to utilize this piece to document and discuss some key learning from Conor’s piece, “SoK: Cross-Domain MEV”. One of the most pressing...
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We are transitioning to an environment where users want to outsource and automate time-consuming yet complex tasks. Lower attention spans create opportunities for personalized autonomous agents that humans can utilize to delegate task execution. We've seen this already, where users have begun to transition away from numerous distinct websites and search queries for data in favor of text-prompted LLMs that provide a universal set of answers in one terminal. The natural next step is a locally-hosted autonomous agent that is trained on all your personal data - an autonomous extension of you.
In this future, these powerful first-point operator agents will need to receive, understand, process, and respond to complex user requests. To do so effectively, they will be in charge of breaking said task into easier-to-complete subtasks. For each of these subtasks, the operator agent will be in charge of discovering, contracting, and coordinating a set of purpose-specific agents aka finding allocative efficiency.

How do we ensure that you can securely delegate your identity to an autonomous agent, while also making sure there is a universal destination for your off-chain and on-chain identity (permissions, authentication, passkeys, public/private keys, digital signatures, etc.)?
It is my current belief that this universal destination for an “autonomous extension of you” is a self-custody on-chain wallet. Wallets become a source of your cryptographically-secure digital identity that can generate attestations for off-chain and/or on-chain agentic interactions on your behalf.
The graphic above showcases user flow for their intents rooted in this wallet-centric belief. Regardless of what form factor the wallet itself will take (desktop plug-in, mobile application, chatbot interface, speech-to-text, etc.), a user will interact with their wallet as a destination for any action: on-chain or off-chain. And they can do so because their universal set of authentication permissions no exist in a self-custody manner rather than being provided by some centralized web2 OAuth 2.0 provider.
Our lives are becoming more digital and having a fragmented identity controlled by centralized authentication providers seems outdated. Utilizing a cryptographically-secure extension of your digital extension that bridges the on-chain and off-chain worlds is a pressing need.
beware of tokenizing everything
Chasing the goal of tokenizing every “real-world” asset relegates blockchains as secondary ledgers of truth rather than fulfilling their greater potential as the foundation for the future of internet finance. The attempt to tokenize everything is futile because we are in the business of developing net-new financial products that take advantage of being onchain rather than replicating existing assets. Furthermore, we should tokenize assets that supply some inherent value in being onchain - ass...
let's build something people can use
Thanks to the Placeholder investment team and Tim Robinson for the discussions here, our conversations inspired some of these takeaways. Programmable and verifiable on-chain actions should make applications easier, more intuitive, and safer to use for consumers since they remove any ambiguity that is associated with human middlemen. However, we consistently see the opposite result, as is evident by how infrastructure-heavy the industry is. The reason web3 is harder, less intuitive, and percei...
flexible programmable sequencing
Much of this piece is inspired by and, in part, a reflection of "SoK: Cross-Domain MEV" by Conor McMenamin. There is an obvious rise of shared sequencers, settlement layers, and superbuilders. This shift has brought the concept of cross-chain extractable value to the forefront, challenging us to quantify and mitigate its impact across multiple domains. I wanted to utilize this piece to document and discuss some key learning from Conor’s piece, “SoK: Cross-Domain MEV”. One of the most pressing...
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