Memes are Dead, Long Live the Memes | Nick Tomaino

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Feb 24, 2025

Nick Tomaino, Founder of One Confirmation and a crypto expert, dives into the evolving world of cryptocurrency. He sheds light on the recent launch of LIBRA and the increasing significance of stablecoins. The discussion explores the ethical dilemmas surrounding meme coins and the need for education in the crypto landscape. Tomaino also emphasizes long-term investment strategies for newcomers and the importance of supporting founders focused on sustainable development. Insights into app chains and the future of decentralized finance make this a must-listen for crypto enthusiasts.

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INSIGHT

Stablecoins and Consumer Apps

Polymarket, built on Polygon and using USDC, succeeded as a stablecoin-native consumer app.
Stablecoins are unlocking new use cases for decentralized applications.

INSIGHT

Stablecoin Growth and Innovation

Stablecoins are crucial for onboarding new crypto users, as seen with Polymarket’s success.
The growth of stablecoins presents opportunities for innovation and competition.

INSIGHT

Founder Alignment

Nick Tomaino prioritizes founder alignment over strict deal terms, like token warrants.
He values founder freedom and a long-term vision over short-term gains.

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This week Nick Tomaino joins the show for a discussion on the current state of crypto. We deep dive into the recent LIBRA launch, investing in L1s vs apps, the rise of stablecoins, finding opportunities in crypto, advice for founders & more. Enjoy!

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Timestamps:

(00:00) Introduction

(00:46) Crypto's Tipping Point?

(04:25) The LIBRA Impact On Solana

(11:39) Uniswap Ad

(12:15) The Appchain Thesis

(15:48) Why Crypto Needs More Apps

(18:33) Does Crypto Need More L1s?

(22:24) Uniswap Ad

(23:02) Investing In Crypto

(30:50) The Rise Of Stablecoins

(35:48) Ads (Aptos, Bitwise, Arweave)

(38:06) Token Investing

(40:40) Advice For Founders

(46:14) The Ethereum Roadmap

(52:28) NFTs

(58:00) Finding Opportunities In Crypto

Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.