Austin Adams from Doppler. Does everyone need a token? I think everyone should launch at least one

token in their lifetime. I think crypto people are kind of looking for justification as to why we need

more tokens, not less. I think we should need more things priced, right? Like I think like the coins are

sort of a good market to price things,

and we need to have more of them to price sort of like all the assets in the world. I think it's, like, an easy way to have a spin-up a market on something, price it, and let it be traded. There's

so much sort of, like, valuable things in the world that have no price, so they're functionally

worthless. We need to make it easier to price these things. We're creating value much faster than we can price in, so it's hard for people to get the value for the things that they deserve.

There's a lot of meme coin pushback or valueless coin pushback, I think, from people, because people are very wary about the conduits for Gryft in the space, which I totally understand.

But also, if you just look at the arc of crypto neutrally, you had Bitcoin and it was this invention that made the first

internet asset. And then what did we do with that? We made 10,000 more blockchains. And then we

realized you don't really need that many blockchains. Maybe you should just use Bitcoin. But then we

made Ethereum. And instead of making more blockchains, we created the ERC20 token. And so, you know, what was the original token launchpad?

It was actually Ethereum, like the, and the ERC20 token and the ICO meta, and all of that. And then

we made NFTs. And then, like, true, like, launch pads came with pump fun. And now we have, you know, 10,000 tokens being made a second.

And so, like, I understand that there's like meme coin vapid token pushback.

But you also, I think listeners in generally speaking, crypto should be wary about like pushing back on the thing that also seems to be kind of the main quest line of crypto. Yeah, I think,

like, I agree, definitely agree with that. I understand people's pushback on meme coins. I think that

they, so a lot of them do have value. Clearly, people put value in them, but they buy them and they

sell them. I do think it's like exactly your point, right? Like, we made a billion P-O-W, you know, of chains that no one cared about. But some of them we did care a lot about. You know, one of which was Ethereum and a lot of sort of other nice chains that evolved out of that. And I would say that, like, we're going closer to a place where, like, we're trying to find out what tokens should be inside. And so I think, like,

the natural thing is, like, you know, we had no tokens and we sort of, like, have too many of

them. And then we're going to sort of, like, put, shoe hoarding them into other things. And I think

some will be extremely lindy. They'll be so about, they'll be very valuable. They'll be sort of new types of markets that we're building things on top of that have value.

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