I chatted with a founder who did a TGE in the last year and has an FDV above 1B+. He said that for the last 6+ months, the token is the center of the universe for him, and he is not much involved in the product dev. Its not like he doesn’t want to but it's very time consuming managing all stakeholders like MMs and others. Sometimes I doubt if this is why a founder should launch a token, where their focus shifts a lot to the token and not the product. In my opinion, it's an L for crypto in the long run if this is how many people waste their time on token.

TRANSCENDING ONCHAIN: ANNOUNCING THE UNIVERSAL LAYER FOR RWAS, STABLECOINS & DIGITAL ASSETS The stage is set for Trillions of dollars to come into Web3. Stablecoins may hit a $3.7T supply by 2030. Onchain RWAs are projected to be worth $30T by 2034. Tokenized real‑estate points at a $380T TAM. The world is ready. Is Web3? Yes, because Universal Accounts exist. As the only solution making Web3 feel like a single ecosystem, Universal Accounts are here to stay. They’ve already cleared $670 M via @UseUniversalX, and are the only way a multi-chain, multi-Trillion asset ecosystem can find its way to the masses—whether by accelerating Web3 or upgrading Web2. So today, we’re announcing the culmination of our tech: The Universal Transaction Layer: a retail‑ready settlement rail for RWAs, stablecoins and all other digital assets. Through the next weeks, we’ll also progressively announce the partners that will aid us in this mission, starting with @Circle. With the integration of Circle Gateway, we’ll be setting the stage for stablecoin settlements to occur across chains for Universal Accounts, unlocking the entire world’s economy for anyone using Universal Accounts. When every property, dollar, or asset becomes a token, Universal Accounts become the default rails for them. Crypto is ready. Let’s transcend onchain. 📝 Read the full vision at: