API-first vs vertical: India's blockchain moat question
India's blockchain winners will emerge from API infrastructure, not vertical applications. The India Stack playbook—thin pipes, thick ecosystems—repeats here. Vertical apps in Web3 face unit economics collapse.
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Amit Tyagi
Founder, AletheiaAI & GP, Fitoor Capital
Veteran of India's startup ecosystem. Writing about fundraising, investor psychology, and what it takes to build fundable startups in India.
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