Ed Chang

2016: if it's free, your data is the product (sold to advertisers) 2026: if it's free, your data is the product (sold to AI labs)

Apple needs to do whatever it takes to acquire Wispr Flow. I don't drink anymore but my Siri dictations make it look like I do.

Bear markets are for cardboard

First psa submission graded 🙏 @inhuman is gonna call me a cheater

after spending the last 3 months DEEP in pokemon cards, the collectibles opportunity in web3 is still undervalued - one of the largest whales in the space @MTG_AlphaInvest says the majority of his buyers are paying in crypto - @Courtyard_io announces a $30m series A raise - meeting some of the best communities/smartest investors in web3 discords like @Collector_Crypt reminds me of the early esports/twitch days where i felt like i was in my own really niche hobby but finding more and more friends were as obsessed

Spending the last week getting hustled by car dealers has me thinking about how the industry is stuck in the 1980’s and needs a revamp: 1) Information asymmetry is the business model Dealers hide their best price, forcing you to physically come in. They hit you with "let me talk to my manager" theater to make you feel like you're getting a deal and the entire system works as long as customers have less info. 2) Time-wasting as leverage They deliberately waste your time because exhaustion leads to worse decisions. 4 hours at a dealership and you just wanna get the hell out of there. 3) No price discovery mechanism Why can't I see what the last 50 people paid for the exact same car? That data exists but is deliberately obscured. This market is begging for an onchain solution where: - Transaction history is transparent - Pricing is verifiable - Offers and negotiations happen in the open Can the whole thing be built on web3? Probably not but it can introduce some massive efficiencies and ease consumer stress. Will someone build this before my next car purchase? Probably not. Are you working on this? Sophon will fund this tomorrow!

Nostalgia, scarcity and status drive markets. These collectibles outperformed the S&P 500: - AWP Dragon Lore: 35.4% - PSA 10 Jordan Fleer Rookie: 18% - Nike Yeezy Red October: 34.7% Verifiable ownership + programmable rarity + composability will unlock new exciting primitives

The psychology behind bear market behavior fascinates me. Look at where attention flows today: RWA slot machines (Courtyard, Phygitals, Ripfun) and speculative games (Bigcoin, Onchain Heroes, Defi Dungeons) — all in pursuit of big returns This isn't irrational. During slow declines in traditional assets, our brains naturally seek volatility and opportunity. We're pattern-seeking creatures wired to hunt for ways to recover our losses. Bear markets reveal a key insight about user experience: people want more than just utility—they crave narrative, community, and the promise of growth. The most successful consumer products combine these emotional drivers with real value creation. They recognize that users decide with both heart and mind. Building for humans means embracing these psychological patterns, not resisting them.

Me getting my son ready for school every morning

hell is when you join a google meet and it's just you and 3 AI notetakers

I’m gonna take the over on the singularity - the Target near my house can’t even keep four self checkout kiosks working

No investors other than @sophon, biggest unlock coming up is a 21.5% airdrop (20% to players, 1.5% to node holders)

Next week will be my last at Ava Labs. It’s insane to see how far @GamingOnAvax has come in the last two and a half years, from a handful of games to the strongest lineup in web3 gaming. First and foremost, we would be nothing without the ecosystem of game developers, infra partners, and community members who have chosen to build on Avalanche. It is an honor that so many top teams have put their faith in us, and I am extremely proud of the AGL community we have built. Ava Labs is a special place to work and this decision didn’t come lightly. I’ve worked in gaming for most of my career and felt like it was time to do something new and more early stage. I have no doubt that the vertical is in great hands with @Parkk___ and @coopernicus01 and they will continue to cement Avalanche’s place as the king of gaming chains. It takes a village to build out an ecosystem and there are so many coworkers here that have helped us deliver on this vision. Thank you all, and I’ll be rooting you on wherever I go.