Back to work tomorrow after a few weeks of paternity leave 👶🏻. In only a few weeks, the growth on @arbitrum has been insane: - Robinhood deploying on Arb One and Hood chain ⛓️ - @talos_is the 1st Onchain Labs incubated project is cooking hard👨‍🍳 - Huge moves locked in at Arbitrum Gaming Ventures, more soon. - @PayPal is deploying on Arbitrum. - Plus about 30 other big things happening every day on Arbitrum. Fired up to be back!

The "stablecoins have created the ChatGPT moment for crypto" narrative that @fundstrat has been sharing has been such an effective marketing campaign for Ethereum because of the perspective changes it has caused. Ethereum really struggled the last 18 months in an environment where crypto became much more focused on short-term narratives and current revenue metrics precisely because it was not competitive across these dimensions. The reality is, if you prioritize short-term revenue, the decision-making from an technology perspective and business development priority are not things that Ethereum is particularly good at delivering on or values. Memecoins/Content coins, or basically anything that has an extremely low cost of capital or opportunity cost to deploy are by far the highest contributions to revenue. This is because of the sheer volume deployed, willingness to pay for sniping, and other forms of MEV that occur. It isn't that different than the NFT craze on Ethereum in 2021. Ethereum as a chain does not have the technological design to prioritize this the same way monolithic or very high throughput chains do at scale. So they struggled. The "ChatGPT moment" framing has shifted the pendulum back to a narrative where if you build and enable something that can change the world, the TAM is endless. This is where Ethereum, the L2 architecture and the EVM broadly shine. Revenue matters too of course, but the form of revenue, and the ability for it to grow as a function of enabled demand is what causes the "ChatGPT moment" analogy to resonate. There is no tech stack in a better position than Ethereum for this. We need more of this educational framing for Ethereum. This isn't a revenue story. It is a growth story enabled by revolutionary technology.

onchain labs doesn't chase trends, it creates them

Many games and chains were participating in lots of web2 gaming festivals and cons. But this year, everyone is super quiet. This year GDC, Arbitrum was the only one at the main convention. Gamescom, TGS, China Joy and more coming up. Web3 Games should do something.

Record inflow for the Eth ETF yesterday at $726m. Incredible.

$MSTR on @arbitrum 24/7/365

Pay your pal with @arbitrum ✅

Arbitrum making the Wall St rounds Love to see it

Most L1s will pivoted to being L2s. Would hate to be an alt-l1 rn.

Does anyone have an @elfa_ai invite code?