Jesse highlighted the importance of a global tour that commenced in New York City and touched various countries including Kenya, India, and Southeast Asia. This initiative aimed to engage with builders and understand their needs. Jesse noted that the energy and passion observed from builders across continents showcased that the future of Ethereum is being shaped globally, reinforcing the idea that the global on-chain economy is not just a concept, but a current reality.
2. Significant Growth of African Builders
During his travels, Jesse observed a remarkable increase in the number of builders from Africa participating in blockchain technology and development. At the latest Devcon, over 150 builders from the continent showcased their projects, a stark contrast to just 10 from two years prior. He expressed optimism that by Devcon 2026, thousands of African builders will play a crucial role in the ecosystem, marking a significant step toward a more inclusive global blockchain community.
3. The Current Reality of Crypto Innovation
Jesse emphasized that cryptocurrency innovation is not a future prospect, but an ongoing development across various nations. He provided examples of local stable coins and global payment solutions that are being developed and utilized to enhance local economies. By reducing transaction fees and creating on-chain solutions, builders are enabling families to access financial services that were previously out of reach, thus improving their livelihoods.
4. Decentralization as a Foundational Principle
One of Jesse's key messages was the commitment to decentralization, which is crucial for building a robust global on-chain economy. He informed the audience about the recent launch of fault proofs as a significant milestone in this direction. This development ensures that anyone can participate in securing the network, enhancing freedom and reducing the risk of control by a few entities, which is essential for fostering an inclusive ecosystem.
5. Making On-Chain Experiences Accessible
To drive adoption, Jesse stressed the need for innovative tools that simplify on-chain interactions for everyone. He introduced concepts like Basse names and smart wallets, which are designed to make onboarding users easier and reduce the complexity of crypto engagements. This approach not only encourages more people to engage with on-chain applications but also supports builders in developing world-class user experiences.
6. Building a New Economic Foundation
According to Jesse, the evolution of the on-chain economy should lift communities and empower individuals worldwide. He indicated that stable coins tailored to local economies are vital to this mission. For instance, he mentioned a stablecoin in Bangkok, which enables local transactions and strengthens economic independence, portraying it as a model for other countries to follow.
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