The Fat Meme Thesis
This isn’t about where to invest, but where to build. In Web2, value was primarily captured at the application layer, with protocols remaining relatively thin. The Fat Protocol Thesis proposed that Web3 would flip this dynamic, with protocols capturing most of the value while applications built on top would remain comparatively lean. But there's another layer. meme /mēm/ noun an element of a culture or system of behavior passed from one individual to another by imitation or other nongenetic m...
