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Hashed has published its annual report, The Protocol Economy: Hashed 2026. In 2026, digital assets will begin operating not as a speculative category, but as a functional economic system. This s

Understanding Stablecoins - IMF (December 2025)

Stablecoins have evolved into Shadow Banking 2.0

They are effectively "M+" assets, tokenized government Money Market Funds (MMFs), that extend the…

Hyperliquid: Frontend Wars

Institutional capital is here.

Real yield backed by real assets, now fully accessible to Solana DeFi users.

Meet @HastraFi & PRIME.

In poker, the big blind is a mandatory bet you have to make if you are two seats to the left of the dealer. In the world of geothermal energy, the big blind is finding a huge source of heat underground where there are no obvious clues on the land surface…

We collaborated with @a16z to publish the **State of AI** - an empirical report on how LLMs have been used on OpenRouter.

After analyzing more than 100 trillion tokens across hundreds of models a…

Technology should bring out the best in humanity, not the worst—a manifesto for resonant computing built on five principles that reject hyper-scale extraction for human flourishing.

What We're Actively Looking For:

Each week we create a non-exhaustive but instructive list of the types of opportunities we're looking for. Every search is an extension of our larger thesis work …

5 biggest creator niches for 2026

2025 startup playbook

- Pick a market with a good energy, that you care about & some level of capital
- Read ALL think pieces on the market
- Synthetize them on an article and highlights the …

I've been shilling a recent paper called "Virtual Agent Economies". It's from DeepMind. (They're the top AI lab, acquired by Google some years back.) It's the first paper from a major AI lab about…

DocSend helps you communicate more effectively by telling you what happens to content after you send them and letting you keep control in real time.

An early-stage fund with @rrhoover and @vedikaja_in, backing your next favorite thing. ☀️

It's cheaper to cover a wall with a flat screen TV than fill it. Stuff is cheap, services are expensive. AI is about to fix that.

when i walk around the world today, all i see are tokens waiting to exist.

China's tech and industrial policy: manufacturing, global supply chains, AI, clean tech, EVs, trade, economic competition. Click to read High Capacity, by Kyle Chan, a Substack publication with tens of thousands of subscribers.

1/ Quantum computing predictions lately range from "public key cryptography will be broken in 2 years" to "it's a century away." Both are wrong.

My latest post explains what publicly known progr…

fomo: The Unexpected User Curve Reshaping a ‘Retail’ App Going Into 2026

Excited to announce we’ve raised $8.7 Million in seed funding led by @usv with participation from @AcrewCapital, @CompoundVC , @yoheinakajima, @scottbelsky, Agent Fund, Mute Ventures, @basementstu…

Printable pdf. It’s been a few years since I wrote a broad post on energy, so I’m providing an update in one easy to read place. More detailed specific posts on energy are here.  If you want t…

The Parsec Agent, your crypto native sidekick