Tetras Capital

If the moat of Ethereum (ETH) is this easy to break by EOS, won’t EOS’s be as well? Just a month ago, people thought ETH would be worth 15x BTC.

Smart contract platforms' battle will be fun to watch, but in the end, they’ll all commoditize each other. This is a prisoners dilemma in action.

The biggest question is if the entire market needs to be shaken out and if everything craters along with them.

Institutional investors entering are a big part as well. I have a feeling they won't be investing in DeepBrain Chain and Dentacoin.

Only four applications have more than 500 daily active users. Ethereum's supposed use case of "decentralized applications" is clearly not where the usage is coming from — and yet blocks are still nearly full.

We're on the precipice of some major applications launching: Augur, Golem, MANA, CryptoKitties with $12m of funding, etc.

Without Plasma and Sharding, I expect fees to go through the roof on ETH. And if fees are too high from low value "spam," real usage will be crowded out.

Heard a lot of claims that Augur will bring obscure bets online or obsolete bookies but many don’t realize that (1) most sport books have “obscure bets” if there’s demand and (2) bookies don’t hang in back alley ways anymore...

Decentraland (and many other dApps) has a strong idea, tech, and [non-fungible] token (LAND), [but it has] questionable legal standing (ICO) and second [in-world currency] token (MANA)

[Kin is] catering to, and preying on, institutions that don't truly understand the space and likely have LP pressure to invest. It's much easier for them to get behind an investment with a CEO and a traditional user base. Kin was the first of this sort. I expect more to come