Because the Ethereum community transitions its system by way of a brand new improve referred to as the Merge, many are questioning which startups inside its ecosystem will probably be greatest positioned to thrive in a post-Merge world.
Total, it looks like the post-Merge startups that can succeed are ones that present accessibility to each Net 2.0 and web3 customers, whether or not or not it’s one thing like a monetary product or infrastructure that might attempt to ease the onboarding to Ethereum. Most notably, many suppose liquid staking pool suppliers will take the reins. Given the Merge’s swap to proof-of-stake, this might make sense.
The efforts to decrease the community’s carbon footprint by about 99% are additionally on the forefront of many market gamers’ minds because it strikes away from mining, which might make mining pool-focused startups a factor of the previous. Startups that align with ESG aims will certainly take a giant step ahead as sustainability efforts proceed to develop.
“Ethereum’s transfer to a PoS mechanism basically modifications the ability dynamics within the crypto business.” Baek Kim, associate, Hashed
It’ll be fascinating to see how this all performs out over the subsequent couple of months (to years) because the Merge is constructed upon and different upgrades are carried out into the community.
To additional our understanding, we requested a spread of crypto market gamers — together with the co-founders of layer-2 blockchains Polygon and StarkWare, companions at VC companies, builders and researchers — their ideas on the Merge and which Ethereum-based startups could hit the bottom operating. (Some responses have been edited for readability and size.)