Josh Cornelius
@joshcrnls
Followers
2,207
Following
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building @seedclubhq @enjoytech_ and writing about consumer crypto
Joined June 2010
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we just dropped the hottest job board and dao directory this side of the blockchain
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people seem to like my scenecoin language so decided to canonize it...
The Scenecoin Opportunity
The memecoin opportunity is now well understood, but the emerging scenecoin opportunity less so. In both cases the token is the product, but how they derive their value and how you…
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consumer crypto has more to learn from the fashion industry than the tech industry
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this is a
@peace_node
appreciation tweet for making the internet a more beautiful place to hang
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wrote a piece about why we view DAOs as consumer products at
@seedclubhq
, and the opportunity that exists in moving ownership experiences off discord
you're not getting a thread, it's short, just read it 👇
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i find
@cryptothegame_
a cool case study on leveraging the culture of crypto more than the tech
it needed very online, reasonably affluent, and interest aligned people to thrive more than it needed decentralized infra for season 1
think this is an under appreciated reason for…
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15 Off The Cuff Token Thoughts
I was travelling at the end of the week and wasn't able to curate topics from the week in consumer crypto as I usually do, so jotted down some token-related thoughts that have been bouncing around my mind recently instead.
1. Attention flows are…
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web2: make something people want
web3: make something people want to be a part of
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my notes on consumer crypto are up! this week I looked at...
-
@drip_haus
gamifying onchain media collecting
-
@seedclubhq
announces SC07
-
@MarkBeylin
on why your token is your product
-
@degentokenbase
launches Degen Chain
-
@sofamon_xyz
launches tradable tg sticker product
-…
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what makes
@seedclubhq
special is we’re not only funding and supporting consumer crypto projects, but we’re building one too
the last part probably isn’t obvious yet but it will be soon
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$enjoy is the first and currently only swappable token on the entire Zora network
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why are you, as a crypto company, seemingly excited about an onchain future, hosting your blog on medium
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who's really pumped about $enjoy and wants to write a weekly newsletter about what's happening in the community (with our support)?
there's already so much going on every week, and it's only going higher
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it’s been an insane few weeks tapping into the brains of 250+ consumer crypto founders through applications and interviews for SC06
lots to reflect on, but there’s a tsunami of real, touchable, mass market crypto applications coming
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10 consumer products and virtual worlds that have never existed before will be on stage at The Event tomorrow
@CollectPods
@slow_rodeo
@RevelXyz
@interfacedapp
@onvessel_world
@MintStarsReal
@sofamon_xyz
@senspace_studio
@finidotworld
@worldslargest_
The next biggest economic opportunity larger than Ethereum itself is not going to be in launching another L1/2 but building consumer products and virtual worlds that have never existed before.
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we’re working on a bunch of integrations for
@enjoytech_
and having more liquidity will help
we’re at 50 eth right now, think we can get it to 100?
the rewards program is well stocked and ready to be enjoyed…
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just posted my weekly notes on consumer crypto, looking at...
-
@boost_xyz
's transaction incentivization protocol
-
@unlonely_app
's new streaming business model
-
@maincharactoors
's unified memecoin product
-
@Starknet
's airdrop mistake
-
@OpenAI
's Sora and what matters in a…
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what gets funded is what gets built, and what gets built creates our internet
and most of what people have been funding for the past 10 years is boring af
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the emergent narratives of $enjoy:
- an amplifier of the mint economy
- an onchain creator and collector social/reputation layer
- the gamification of collecting
- a grants program as a service for undercapitalized creative projects
love em all
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1/ Abstracting crypto away is a mistake. It wants to be seen.
New post up on the
@seedclubhq
feed.
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We’re constantly talking about how important it is for consumer crypto projects to be strongly memetic, but what does that actually mean?
Most simply, it means there’s a big viral idea at the core of it. The idea can be technological, cultural, or ideological, but what matters…
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In case you can’t tell we do demo day a little differently.
Getting our founders in front of investors is easy. Their projects are sick, and it’s literally the investors jobs to talk to them.
It’s much harder though for founders to get in front of a thousand consumers in a…
Yesterday, •❃•The List•❃• experienced a harrowing outage which forced us to urgently deploy some powerful sybil resistance.
It was shocking & demoralizing to see the bots utterly defile something as sacred as The List.
Our whole team, as well as each and every prized…
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@eriktorenberg
@kevin2kelly
-IMDB for podcasts
-discord for sports fans
-camper vans built for remote work
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3 bullish things about SC07 applications so far:
- many founders reapplying after making significant progress since the last cohort. big points for relentlessness.
- strong interest from founders with term sheets or other accelerator offers. it's not just about the money.
-…
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just published my consumer crypto notes from the week. I look at...
- SC07 applications opening soon
-
@farcaster_xyz
success and our new channel
-
@pgn_eth
shutting down
-
@cobie
's post on
@Blast_L2
-
@base
's 2024 plans
-
@teleportxyz
@Hivemapper
and consumer DePIN
-…
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i enjoy taking memecoins seriously...
The Memecoin Opportunity
Memecoins are cultural prediction markets. Buying one is a bet that the underlying meme will grow in cultural relevance (attention) and thus attract more people to participate in the market.
They’re also incredible…
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reddit is severely underappreciated as a distribution channel
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we're very close to being ready to open up api access for
@enjoytech_
data !!!
any builders ready to integrate it and want early access to help us test it?
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just published some fresh notes on the week in consumer crypto. I looked at...
-
@ArtizenFund
's season 3 of funding creativity
-
@cryptothegame_
launching next week
- the rise of $degen on
@farcaster_xyz
-
@fredwilson
and
@dg_goens
posts on why mint
-
@katiewav
's and…
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just published my notes on the week in consumer crypto. I run through...
-
@ChrisF_0x
's thread on building in consumer crypto
-
@ZeePrimeCap
's beautiful pro-speculation post
-
@thenotcoin
's virality and unique distribution
-
@Optimism
's massive RetroPGF round
-
@berachain
's cool…
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just closed out Internet Explorers
#3
, the
@seedclubhq
weekly consumer crypto rundown show
here's what we dove into this week...
* Internet Explorers is now collectible on
@CollectPods
*
@iancr
on how we're still so early
*
@AlanaPodrx
list of novel rev share experiments
*…
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we spent all weekend rebuilding the
@enjoytech_
data infra with the chad
@goldskyio
team
today we'll have dramatically improved leaderboard data
soon we'll have realtime remaining tip allocations, tips received, first tipper rewards earned, apis for builders, +++
levels of…
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alright enough L2 talk, let's bring attention back to things that normal people may actually care about
here are a few new consumer crypto products I'm excited about
@DrawTheChart
@focustree_app
@tracedotfan
@PixieChess
@frenpetonbase
what are you…
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who’s going to be the first consumer crypto founder to incubate their product in middle america high schools instead of using the same group of worn out lab rats that hang out here?
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two insane opportunities for creators just went live...
@creatorcabins
creator residency. live free for a month and create alongside other amazing builders in nature.
@ArtizenFund
daily grants for human creativity. get funding for your project and find your early believers.
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Just closed out Internet Explorers
#2
, our new weekly consumer crypto rundown show
Here's what we found worth exploring this week...
*
@OpenAI
dev day and the launch of GPTs
*
@ianDAOs
autonomous crypto agent experiment
*
@ritualnet
raises $25M
*
@jessewldn
tweet that “AI at…
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know they’re not cool rn but a handful of social daos are going to shock people with the quiet but substantial progress they’re making during the bear
they got lean, retained core passionate communities, and are focused on building great consumer experiences that will scale as…
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who’s building the web3 notification protocol?
notify from smart contract functions or off-chain triggers, distribute through wallets or email
permissioned of course
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if you don't think a $1b+ market cap for a token that is dominating the attention of a bunch of affluent and very online people that consume tokens as products is completely reasonable you need to recalibrate
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woo got my newsletter out on friday, lfgg. here's what I found interesting this week in the world of consumer crypto...
-
@unlonely_app
's new season of Love on Leverage
-
@farcaster_xyz
's frames bonanza
-
@metalabel_
releasing "bandcamp for everything"
-
@VitalikButerin
&…
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consumer crypto builders should be focused on creating a context users want to transact within
business models (transaction fees, protocol rewards, mints) and user behaviours (collecting, predicting, speculating) all stem from there
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my notes are up from the week in consumer crypto, looking at...
-
@shayonsengupta
on "publisher-exchanges"
-
@AlexMasmej
releases
@Drakulaapp
-
@joel_john95
on markets
-
@reganbozman
on running back the infra play
-
@StaniKulechov
and
@_nonlinear
join internet explorers
da…
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a brain-fried edition of Notes on Consumer Crypto is now available for your consumptive pleasure. I looked at...
-
@withBackdrop
's latest program for frontier builders
-
@prtyDAO
's new Party Rooms product
-
@Pandora_ERC404
and ERC404 going crazy
- the memecoin opportunity ft…
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4
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my notes from the week in consumer crypto are up, looking at...
-
@higheronchain
and brand tokens with
@0xlght
-
@matthewchaim
's $enjoy anthem success
-
@mmERCH
's genesis generative fashion drop
- tipping and the power of social distribution
-
@eladmallel
announces $nouns
-…
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If any investors, operators, consumer crypto believers want to get closer to this hmu. There will be plenty of opportunities for incredible people to get involved.
Crypto's consumer moment is coming, and today we're officially going all in.
World, say hello to The Consumer Crypto Accelerator.
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my notes from an absolutely chaotic week in consumer crypto are up, looking at...
-
@jacek
@WillPapper
join IE to talk $degen and L3s
-
@nileshrthr
joins IE to talk
@orb_club
and building on
@LensProtocol
-
@0xlght
on left-curving daos
-
@enjoytech_
tipping goes crazy
-…
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at current prices $enjoy tipping will add ~$1M to this every month if all tips are distributed
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we saw a 400% increase in community participation using our custom tool for SC05 selection vs using a generic third party tool for SC04
it's a not a perfect comparison but there's clearly immense value in building community-native experiences
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I'm so damn excited for this cohort that I'm capitalizing letters.
These little blurbs barely even hint at the insane futures these founders are imagining and building towards. There's magic coming, stay close.
Crypto needs consumer applications with millions of users.
Apps that prove the capabilities of the tech & lay the cultural foundations for the next wave of innovation.
Well ... we think we've found them.
We're proud to announce the 10 teams selected to join SC06
They are ...
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dms wide open
If I wanted to start a crypto company today I'd make a deck & message:
@derekedws
@0xsmac
@eclecticcapital
@jonmoore202
@benlakoff
@alexgedevani
@joshcrnls
If you're building something atm, take this as an open invitation to DM these folks & pitch your thing
Say hi from me 😂
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it was very challenging to condense my chaotic excitement for this batch into an announcement post, but we got her done
let SC07 begin
*ೃ༄*ೃ༄ Welcome SC07: Consumer Crypto *ೃ༄*ೃ༄
Many still don’t believe that consumer crypto presents big investable opportunities. We obviously disagree.
We’ve long held the belief that owning the relationship with and the attention of consumers will be an even greater point of…
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swap from any token to ENJOY on Zora instantly in one click
ENJOY in the Decent app ❗️❗️❗️
Swap from any token to ENJOY on Zora instantly in one click
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one of the core lessons I learned at
@hopper
is the power of hyper-focused toy-like products for creating structural advantages over incumbents.
our little viral flight price prediction app resulted in us seeing the travel intent for tens of millions of people months before…
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if you collect content on zora and aren’t tipping with $enjoy, why not?
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i bet $20 on an anonymous internet human named
@funghibull
to outlast 10 others in a ten day mass multiplayer crypto survivor game last week and won, and you want me to get excited about taylor swift superbowl prop bets? come on
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alright the josh is out of the bottle, sc07 applications opening imminently
hmu if you’re building something that makes the internet dramatically more interesting
@divine_economy
@loredotxyz
@coordinape
@launchcaster
@hatsprotocol
@hedgeyfinance
@gaby_goldberg
@winnyeth
@ourZORA
@Flynnjamm
@tobyshorin
@hxrts
Alpha: applications to SC07, our Consumer Crypto Cohort will be opening soon. If you’re building in that area, we’d love to talk to you (even before the official app period opens)
Drop
@joshcrnls
a DM to get on our radar (you can offer Josh wine 🍷 as a sacrifice on his altar)
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we have the kid
@benroy__
joining us on Internet Explorers today, and a niceee stack of topics to run through...
- is the excitement around RWAs justified?
- building durable internet communities
- are crypto everything apps inevitable?
- lessons from the
@basepaint_xyz
story
-…
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5
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so much to like here...
- a fresh take on speculative sports games
- $degen as an in-game currency
- great consumer crypto ux
- they're coming on internet explorers tomorrow
definitely worth checking out, even if you don't ball
Let. The. Game. Begin. 🏀📈
Bracket Game is LIVE, powered by $DEGEN.
Huge shout outs:
@farcaster_xyz
,
@coinbase
,
@jessepollak
,
@dynamic_xyz
,
@degentokenbase
,
@seedclubhq
+ all builders on
@Base
.
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the right response to public indifference around crypto isn't to abstract it away, it's to actively go build the market for your token
it's harder work but also where all the opportunity lies
imagine if the founder of redbull responded to the lack of an energy drink market by…
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a memecoin is a social network, digital fashion item, cultural prediction market, ownership asset, and ticket to a wild adventure all hyper compressed into a single product
and you don't like them? lol
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daos will go mainstream when consumer products with embedded ownership are more compelling than consumer products without embedded ownership
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makes sense
why would you, as a crypto founder, want to go build alongside a bunch of web2 b2b saas founders?
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who's experimenting with social token renting?
me, long
@FWBtweets
but wanting yield, can rent tokens to someone wanting less capital heavy access for a monthly fee
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over 4,000 new eligible $enjoy tippers this week 🤯
Thank you for your patience enjoyoors, tip allocations for the week are now officially updated at enjoy {dot} tech
We’ve bumped into a data issue that will take us a few days to resolve so allocations for the week will be as follows ↓
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it's wild how much more experimentation we have in consumer crypto today vs even 6 months ago
think we've hit an infra/tooling tipping point where it's finally cheap and easy enough to get a decent product into market that it's attracting new waves of builders
the golden age…
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the “call to adventure” for communities:
- who are you bringing together
- what are you going to do together
- what are you going to get by doing those things together
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the real aha moment of zora (and onchain media broadly) is seeing people collect your work and earning eth
think some of the stuff we're dreaming up with
@enjoytech_
will help many new people experience this
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big day tomorrow for
@seedclubhq
SC05 applications open and our latest experiment in scaling our community-driven selection process kicks off
all at
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there's so much network value waiting to be unlocked for daos in the transition away from discord to native ownership products
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collecting will go mainstream once people are hooking up based on the taste displayed in their wallets
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question for dao founders...
do you feel like member/contributor reputation is even in the top 5 of problems you need to solve right now?
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$points are the gift card of ethereum
they're both nothing and everything at the same time
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low key piloted a new show today
see you next friday?
gm notes from the first
@seedclubhq
Internet Explorers:
*** Autonomous Games by
@0xsmallbrain
### games that are by design ephemeral & self-contained experiences
sauce:
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for those keeping score, this was the original costco hotdog memecoin...
i made it when testing out shortly after it launched, and was actually one of the first tokens to "graduate" off the platform
for some reason has some life…
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information wants to be free
assets want to be seen
networks want to be big
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SC07 interviews kick off this week and our calendars are a disaster
just the way we like it
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think pfps are going to get way more interesting when they start being launched from within already meaningful social contexts
like when
@FWBtweets
or
@BoysClubCrypto
drops one
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we need less pfp projects and more mission-driven daos using generative identity-signalling nfts as membership
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daos aren't the future of work, they're the future of consumer
as i see it only a small percentage of people will work directly for daos, a larger percentage will work for companies that do work for daos, but the vast majority of people will experience daos as owner-consumers
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if you ask me what my favourite productivity tool is i will passionately tell you that it's pen and paper
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