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Don of Base

Verified account Base

@donofbase

one of the interns @base
Joined March 2024
1K Following 2.7K Followers 2.8K Posts

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Don of Base Verified account @donofbase
Growing a blockchain is actually quite similar to growing a country.

The more I work in the ecosystem, the more similarities I see.

Think about it.

1. You need to attract investment.

Just like countries compete for foreign direct investment, chains compete for capital, liquidity and funding.

Without capital flowing in, it’s difficult for the ecosystem to grow.

2. You need entrepreneurs and businesses.

Countries encourage businesses to set up operations, create jobs and contribute to the economy.

Chains need builders to deploy applications, launch products and create economic activity. And you need to create good support system for these builders.

But attracting builders is only half the equation.

3. You need people to actually use these businesses.

A country can’t thrive with businesses but no consumers.

Similarly, a chain can have thousands of applications, but without real users and demand, there’s no sustainable economy.

Builders need users, and users need products worth using. Both have to grow together.

4. You need security and trust.

Nobody wants to invest or build in a country where their assets aren’t safe.

The same applies to blockchains.

Strong security, reliable infrastructure and trust give investors, businesses and users the confidence to participate.

5. You need to retain economic activity.

Attracting capital and users is one thing. Keeping them is another.

Incentives can bring people in, but they won’t necessarily make them stay.

Long-term growth comes from businesses generating real value, users returning and capital continuing to circulate within the ecosystem.

The more I think about it, the more I realise that growing a chain isn’t just about technology or onboarding the next million users.

You’re essentially building an economy.

And like any economy, everything is interconnected.

Capital attracts builders. Builders attract users. Users generate economic activity. Security and trust keep the cycle going.
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Don of Base Verified account @donofbase
Devcon was peak, idc what anyone says.

1) We got to sit down 1-on-1 with our @base builders, from early-stage founders to established teams, understand what they’re building, and figure out how we can better support them. Nothing beats irl support & connection

2) We got to introduce @base to builders who are exploring where to build next. Every conversation counts.

3) We got to showcase our tech stack (B20, Denim, and more) to so many people at Devcon, and show what’s possible on Base.

4) Students. Not sure where all the hate for students attending Devcon on X is coming from, but I’m glad they were there.

You really had to see how full of ambition and aspiration they were. Some of them genuinely inspired me too.

We got to introduce @base to curious students, aspiring builders, and young talent. We’re here for the long term. The next unicorn could very well come from this generation. Even if someone’s only takeaway was a surface-level understanding of what Base is, that’s still a win. Everyone starts somewhere.

5) We got to reconnect with ecosystem partners, strengthen relationships, and explore how we can build better things together for the Base ecosystem.

Tbh, not every win has to be measured by immediate numbers. Some of the most valuable things we did at Devcon might only pay off months or years from now.

Come build on Base. We’re here for the long term. And yes, we’re going to win in the short term too 🙌