
The crypto market is seeing a trend where major applications are "vampire attacking" L2 airdrop farming communities, migrating to their own chains before mainnet launch. This suggests a shift in value capture from L2 ecosystems to independent, application-specific blockchains. Investors should monitor this trend for potential impacts on L2 token valuations and new opportunities in these emerging app-chains.

By mdudas
crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol