Samuel Harrison
@samuelpharrison
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Security @Avira, Auth @NokNokLabs, PoS @Tezos, On-chain Games @ThunderCoreLab, Scale @HarmonyProtocol, ZK @Discreet_labs
Palo Alto, CA
Joined August 2014
So here is my "Call to Action" - Ecosystem Managers, STOP FUNDING copy-pasta! Start funding category creators! Ethereum isn't winning because it has the most apps... it's because it has apps that EVERYONE else needs. So - What breakthrough vertical is your ecosystem funding?
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Look, when something like @ensdomains succeeds, it makes every wallet, app, and protocol better. When your 12th DEX succeeds...well... it just fragments liquidity. Support apps that make the entire ecosystem better - not just your TVL.
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You have to measure application QUALITY, not just the quantity. Success managers should track the following: * Apps with 5+ distinct persona profiles. * Cross-ecosystem integrations per application. * REVENUE per app - not just TVL. * Apps other chains want to integrate.
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Ecosystem Managers need some "Portfolio Theory" in their approach too. Try the 70-20-10 Rule * 70% - Robust apps serving multiple user types. * 20% - Unique vertical innovations that only you can do. * 10% - Infrastructure that benefits all Web3. Stop throwing grant money at
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Every DeFi application needs an Oracle. Chainlink is the obvious one - but what Band, RedStone, API3? What about Indexing? TheGraph, obviously, but then there is Alchemy and GoldSky. Each ecosystem needs solutions that other projects cannot live without. Build, Buy, or
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These applications serve multiple user profiles, ORGANICALLY generate those yummy, yummy transactions Foundations are so vain about, create ACTUAL revenue and support the strong network effect of a chain. But that's not all - you also need to prioritize infrastructure apps.
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Focus on Multi-Profile Applications. Strong ecosystems have Gaming apps that serve players, streamers, scholars, investors. They have DeFi to serve retail, institutions, OTHER PROTOCOLS. They have Marketplaces to serve creators, collectors, traders, and projects.
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Managers need to focus on INTEROPERABILITY. Solve a bloody pain point! I have lived in Identity for years so things like @ensdomains, @unstoppableweb, @billions_ntwk and @worldcoin are music to my ears. These are applications that serve multiple user types with real utility.
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So what does an Ecosystem Manager do? Well, Stop: 🛑 Racing for "Most Apps Deployed" 🛑 Copying successful apps from other chains. 🛑 Incentivizing yet another Uniswap fork. 🛑 Building walls around your ecosystem. This creates FAKE growth metrics but ZERO new utility.
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There are some stats to back up this issue. * 95% of DeFi assets sit idle (can't move between chains) * Top 10 apps control 75-85% of the TVL (same AMM/Lending pattern everywhere) * Bride Volume: $144M vs $5B on DEXs. This means that those "100 dApps" you are claiming? They
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Your typical ecosystem breakdown looks something like this: * 40% DEXs / AMMs (Uniswap clones) * 25% Lending (Compound/Aave forks) * 15% NFT Marketplaces (OpenSea variants) * 10% Yield farming * 10% EVERYTHING ELSE This isn't innovation, people. It's duplication!
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Meanwhile, users are juggling unique wallets for chains, have to track gas costs and minimize dust, brave new bridges - all to do basically the SAME thing on different infrastructure.
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Most ecosystems will chase vanity metrics. TVL. Transactions. Transactions per Second. Raw number of applications. But when you look closer - these apps are copy-pasta. Its the same set of AMMs, dexs, lending protocols, and NFT marketplaces. ...
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Here's what I have been thinking about. Web3 has BILLIONS in funding and ~18M+ daily users - but ecosystem managers are still playing the WRONG game. Here is what ACTUALLY drives ecosystem success (and what doesn't) đź§µ
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Match making. Dogfooding. Amplification. Your web3 game should run a white-label of your best native DEX inside to handle token swaps. Your foundation should pay out using crypto rails. Your Spaces, YouTube Channels, Events should not be about the L1 (or L2), but focus on
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Grants suck. Everyone knows about Mercenary Projects that move from chain to chain hunting low-thought-out grants. What are the alternatives? How can an Ecosystem Team recruit, grow and retain projects? Three ideas in the reply. But jump in with yours.
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I saw this at Tezos I saw this at Harmony L1s have been compared to cities. To cults, even But this is the right way to view them. Sovereign Nations. Captures “national pride”, importance of infrastructure & can orient leadership to focus on the right thing. Making an
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What is the best Blockchain+AI ecosystem right now? What makes them better than others?
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Another great post from this mornings 30 minute scroll. Enjoy! https://t.co/Fod1B1522G
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