Here are three major catalysts that just dropped together. This is for crypto investors.

1. For-profit builders just got the green light.
2. On-chain AI agents are a zero to one phenomena.
3. The bitcoin cycle is right on time.

Green Light From The Red Wave

There are oodles of reasons to put your business on-chain. I want to put my business on-chain. I'd issue a revenue-sharing crypto asset on chain to raise capital and use that capital for all sorts of projects I have in mind. I've mapped it out and while the start is rough and expensive (hence the need for startup capital), long term we'll get big competitive advantages.

Operational efficiency will be through the roof - all accounting and bookkeeping is done in real-time with each block confirmation. No more stripe fees, which for many is more than 10% of profit. Access to emerging market customers who don't have banking but use stablecoins daily. We'll get a higher multiple on our asset as our investor pool is retail and global. Other on-chain businesses will be able to integrate our services rapidly; a collective moat allowing us to compete against massive incumbents.

The two big reasons we don't go on-chain are (1) higher start-up costs and (2) regulator punishment.

The first reason is slowly dissolving as every week a new on-chain organizational tooling service comes out. I could list like 40 of them.

That just leaves the second reason - regulators don't like freely trading revenue-share investments. All securities-like investments must go through regulator-approved intermediaries.

If we put our business on-chain and try to make our revenue-share crypto asset freely trading through regulator unapproved intermediaries, like Uniswap, then we'll get smacked. We're a little company and I put this type of content out here - so if anyone is going to get smacked, I'm unfortunately making sure it'll be us lol.

So our remaining options are to do either an IPO or sell only to accredited investors. In either of those two choices, we'll need to lock down our crypto asset and the functioning of the on-chain business itself to such a degree that a lot of the efficiency and integration benefits from being on-chain are erased.

Leaving the question, why would I take all those high start-up costs at the start for no benefit? I wouldn't, and haven't.

Now we have our 47th President, and deregulation and/or non-enforcement of regulations on crypto is very much on the agenda. The world's regulators will follow the US on this - US regulation sets the tone and global competitive dynamics will enforce it.

For any entrepreneur weighing the pros/cons scale of building on-chain - the 'pros' just got heavier and the 'cons' a lot lighter.

A post on X from a Tier 1 VC partner the day of the election: "do you hear that? It's the sound of the fee switches coming on."

His meaning is that the for-profit, fee-share functionality of crypto assets are turning on. And when your for-profit business is built on-chain, you can do that easily. It's another one of the advantages.

So, first catalyst: trigger-shy for-profit entrepreneurs are no longer going to be trigger shy. They're going to lock and load.

I know a lot of lawyers telling genuine entrepreneurs "nope sorry, you can't do that" for the past 6 years are wishing these guys all the best - even if it results in less legal fees.

On-Chain Agents

Clients have been asking my team about "crypto and AI" since the day we opened shop. We never really bought into it and told our clients as much. We would look at the market's "Crypto x AI" projects and basically say, "meh, yeah I guess there could be something there but it's such a concept and we need to wait for 500 other variables to come into play. We're not going to touch it."

That was a good call by us per the market performance of most of those assets.

But the "On-chain AI Agents" that have become popular over the last two months are legit.

I like these things, a lot.

So does Marc Andreesen and Ben Horowitz, who are talking about them consistently. I name drop them so you know I'm not coming from left field with this.

Basically you give an LLM (i) a crypto wallet with starting capital, (ii) access to as many communication and content generation channels as possible (X, Discord, Telegram, etc.), and (iii) a natural language goal given by you.

That's it, and these things go to work.

An example from Lincoln Murr, leading the On-chain AI developer unit at Coinbase:

"Picture this: your agent spots a trending restaurant on @farcaster_xyz , books it through @blackbird_xyz , and covers your appetizer with your @AerodromeFi LP rewards—all from a simple "Find me a nice dinner spot in East Village" natural language command."

These AI Agents are working now. Some AI Agent investor pools are attracting serious capital and AI Agents are creating and shilling their own crypto assets to humans very successfully.

Teams who are working on this are numbering only in the couple dozen. But you can tell by the quality of (human) people who are focusing on it that it's serious. It's not something that's attracting scammers, it's high IQ guys who are looking five years out. The scammers will come though, so watch for that.

As an aside, the free-flow of capital that is necessary for this tech to work would be so tough to pull off in an SEC-intermediated, banking-rail market.

I think this is the type of innovation that could catalyst a cycle.

Speaking of...

The Cycle Looks to Be Right on Time

The market looks healthy, and we should be seeing a top in Q2-Q4 2025 if history is any guidance. I can't see the future, but that's how I'm investing personally.

Demand for the Bitcoin ETF is approximately 8 times the new supply, and that's only increasing as the price goes up.

Not much else to say on that - just basic economics. At some point investor emotion will overwhelm rationality, but considering crypto-related searches are barely ranking on google, we're still aways from that type of exuberance.

Reach out if you want to build us an On-chain AI Agent please 😄