Imran Khan

Imran Khan@lmrankhan · 1 天前赛道影响

You can’t copy great artists and you can’t copy Adam’s work. It’s a unique blend of art, product, and onchain experimentation. You can study it and draw inspiration from it and use it to create something uniquely your own

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Imran Khan@lmrankhan · 1 天前赛道影响

I don’t think we’ve even scratched the surface of what’s possible with onchain product design. Some of the most interesting experimentation has come from Adam at Tokenworks. From Circle/Pvp to NFT Strategy and now FWA, he is likely one of the best onchain product builders in the space and always challenge assumptions instead of copying what already works. Crypto needs more crypto native founders like Adam willing to run these kinds of experiments. Not every idea will work but the ones that do will create entirely new categories and lay the blueprint for future founders building onchain.

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Imran Khan@lmrankhan · 1 天前观点输出

@uhonyn Roughly what I am thinking

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Imran Khan@lmrankhan · 1 天前赛道影响

@hsrwala @hosseeb I am not talking about products that only relied on ponzinomics. Also Synthetix was the first iteration of the onchain derivatives vision which is now owned by Hyperliquid.

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Imran Khan@lmrankhan · 1 天前赛道影响

I don't think it's predetermination. I just think it's too early to be that certain. Some categories could be dead forever. Others were simply early, had the wrong implementation or macro tech changes make it now useful. I'm not betting every idea comes back. I'm betting we still don't know which ones will actually find PMF. As a preseed / ideas only stage investor, my job is to stay as open minded and as close to the metal as possible. Because we never know.

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Imran Khan@lmrankhan · 1 天前赛道影响

I’m not saying founders should keep building into markets that don’t exist. There still needs to be real demand today. My point is simply that a category can be dead now without being dead forever. Founders should follow the market. Everyone else should keep an open mind. And in terms of timing, who knows? Many didn’t expect AI to take off the way it did, or that private AI products like Venice would ultimately become major beneficiaries. We just don’t know. Could be 10 years or 2 years. The market will present these opportunities at the right time, and the right founders will sniff them out early and build for the market. My point is never say never.

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Imran Khan@lmrankhan · 1 天前观点输出

@toly 100% most founders would have returned capital and leave crypto which many did

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Imran Khan@lmrankhan · 1 天前赛道影响

Very impressed by Armani's trajectory Started Anchor which became the standard way to build Solana programs. Then launched Backpack directly into the FTX collapse, and then spent three years chewing glass with little to no narrative behind him In hindsight the obvious bet was always Armani. Very few founders can go through what he and Backpack went through and still maintain the psychological endurance to keep building I’m not an investor but the ability to absorb that many setbacks and stay motivated is one of the cleanest signals of a great founder

AI：偏主题投资表达，释放对基础设施与新叙事的偏多信号。

Imran Khan@lmrankhan · 2 天前观点输出

@buffalu__ Every great founder that I’ve come across or have read about has one common pattern and that’s the drive to win from a young age

AI：延续个人公开立场，强调长期主义、执行效率与行业方向判断。

Imran Khan@lmrankhan · 2 天前市场影响

Almost everything in crypto that failed the first time will eventually work sometime in the future. Bitcoin looked like it had failed many times in the past. The same will happen with NFTs, creator tokens, DAOs, gaming, TCRs, onchain reputation, rebase tokens, decentralized storage etc As time passes each of these ideas will make even more sense. I just think we’re still too early for many of them, and we don’t quite understand the need yet. But eventually it’ll make sense.

AI：偏平台经营与生态扩张，强调交易平台和应用入口的长期位置。