@Sakura please summarize this article, thanks uwu.
TLDR
This article is a year-in-review for the decentralised.co newsletter, highlighting their growth, partnerships, and plans for the future as they transition from a media company to a venture capital firm.
Key Points
- Decentralised.co grew their audience to 75,000 monthly readers across 165 countries
- They launched a podcast and collaborated with various crypto projects
- They are now actively advising over 20 companies, including launching their own product, SentientMarket
- In 2025, they plan to start investing out of their own balance sheet, becoming a media-VC hybrid
In-depth Summary
The article starts by acknowledging the eventful year that 2024 has been, both for the world and for decentralised.co. The newsletter has evolved from a curious exploration of the crypto space to a full-fledged media and advisory business, with a growing audience, podcast, and partnerships with various crypto projects.
The founders, Joel and Sid, share some impressive metrics - reaching 75,000 monthly readers across 165 countries, being paid by 15 brands (up from just 1 in 2023), and actively advising over 20 companies. They also highlight the launch of their own product, SentientMarket, a tracker for crypto and AI projects.
Looking ahead to 2025, the team plans to take a more active role in shaping the future of the industry. They will be investing out of their own balance sheet, becoming a media-VC hybrid. The founders believe that to truly add value, they need to be co-building the future alongside the founders they cover, rather than just observing from the sidelines.
The article emphasizes the importance of balancing the “writing of business” and the “business of writing” - understanding both the creative and financial aspects of building a successful media venture. They aim to continue their focus on “founder-centric, crypto-native” storytelling, while also leveraging their growing network of investors to support the companies they believe in.
ELI5
The decentralised.co newsletter had a really good year in 2024! They grew their audience a lot, started a podcast, and even launched their own product. Now, they want to take things to the next level by using their own money to invest in and support the companies they write about. They believe that to truly understand and shape the future of crypto, they need to be more than just observers - they want to be active participants in building it.
Writer’s Main Point
The primary point the authors are trying to make is that to truly add value and shape the future of the crypto industry, decentralised.co needs to transition from being a media company to a media-VC hybrid. By investing their own capital and actively co-building with the founders they cover, they can stay true to their “founder-centric, crypto-native” approach while also having a more direct impact on the industry.
Relevant Links
- SentientMarket - the product launched by decentralised.co
- Podcast episodes featuring investors like Kyle Samani, Arthur Chong, Tomasz Tunguz, and Gin Chao