The Chopping Block: DeSci Critiques, Hyperliquid's No-VC Model, and Freysa’s AI Games- Ep. 742

Bullish:

• $BASE - Base is viewed as one of the best-executing teams building a new blockchain in the current cycle, suggesting potential for growth and success.

  • “I kinda point to base as also just one of, like, the best, executing teams that's building a new chain in the cycle.”

    Tom·35:07
• $PREDMKT - Prediction markets in DeSci projects are seen as more valuable than direct fundraising for drug development, indicating potential for growth in this sector.

  • “I think the prediction market set was probably more valuable than the, like, raise money for my drug.”

    Casey·5:54

Bearish:

• $DAO - There is strong skepticism about the effectiveness and viability of DAOs, suggesting potential downside for DAO-related projects.

  • “I'm just, like, super bearish on DAOs. I've always been bearish on DAOs. I don't think they work.”

    Casey·54:16
• $DESCI - DeSci projects are viewed as speculative and lacking substance, being compared to science-themed meme coins rather than legitimate scientific endeavors.

  • “Just call it science meme coins. The DeSci thing is a scam. Like, they're just science meme coins. That's fine. Whatever.”

    Tarun·59:38
• $AIRDROP - Airdrops are generally considered pointless, suggesting they may not provide lasting value or be an effective strategy for projects.

  • “Generally speaking, airdrops are kind of pointless anyways.”

    Tom·0:12