Numerous L1's Dozens of L2's Hundreds of apps..... all with their own coins Tens of thousands of NFT Projects and Alt Coins Hundreds of thousands of Memecoins Prediction Markets AI replies outnumber real human replies People are trying "tokenize" everything etc. etc. etc. Here are a few things I think about when I consider the above information. 1.) There is not enough liquidity for all of them to win 2.) It will become harder and harder garner REAL attention 3.) Most of the above won't be around in 5 years, but the industry will only continue to grow 4.) It is becoming more and more important to have the ability to segregate the human from the non-human elements of our digital lives I will send more thoughts later