Shower Thoughts by Richard Chen
Richard ChenLong-form thoughts that don't fit in a tweet thread.
| Platform |  | Pricing | Only free issues | Publishes | Infrequently |
|---|---|---|---|---|---|
| Issues | 9 | Founded | 7 years ago | Last Issue | 10 months ago |
| Active | |||||
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showerthoughts.substack.comLatest Issues
Building for crypto-native vs. building for crypto-adjacent
It’s 2025 and crypto is going mainstream. The GENIUS Act was signed into law and we finally have clear stablecoin regulation. Establishment institutions are adopting crypto. Crypto won!
As crypto crosses the chasm, what this means for earl...
ETH needs a new narrative
Last week ETH retraced back to 2017 ICO levels. This was back when Ethereum was just whitepapers and tokens, compared to many apps with real usage today. The market doesn’t seem to care about 7½ years of progress with Ethereum’s developer e...
Raising a VC fund in a bear market
Henlo everyone! For those who noticed my Twitter bio change, I recently started a new VC fund Varrock (iykyk ⚔️). Now that my fundraising is wrapping up, I wanted to share my biggest learnings in my journey fundraising throughout the bear m...
Computer vs. Casino: Crypto’s culture war
For any crypto OG who’s been in this industry for a long time it’s without a doubt that the culture of the industry has changed significantly in the past year.
There’s starting to be a culture war between the early purists (the crypto comp...
Three underrated crypto product trends for 2024
Happy 2024! I’ve been doing these predictions every year since 2020 (see 2021, 2022, 2023) so let’s first recap to see how I did last year before making my three predictions for the new year.
1. ENS
Verdict: ❌
ENS hasn’t had...
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Founder at Varrock
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