Mert says Zcash gave NEAR momentum, but NEAR may have helped unlock Zcash first
“You have to look at what outperforms the general market, which Zcash and NEAR have done”
“If you just say it's encrypted Bitcoin, that's pretty much all you need”
“It's questionable that Zcash would have went up as much if it weren't for NEAR in the first place”
@mert thesis is a two-way flywheel.
Zcash brings a simple monetary + privacy narrative.
NEAR Intents gives $ZEC more utility by connecting it to wallets, swaps and liquidity across other chains.
More access creates more ways to use $ZEC beyond simply holding it on an exchange, while Zcash activity feeds back into the $NEAR ecosystem.
@Zcash brings the asset.
@NEARProtocol expands where it can move and what it can do.