Crypto Industry Needs Top Talent to Reboot Innovation

Hyperliquid Co-founder Jeff Yan has called for top talent to join the crypto industry. He attributes the industry's slow pace of innovation to a shortage of talent, which he believes is caused by the competition with AI for top engineers and product talent.

The current state of the crypto industry is comparable to the early battles for talent in the internet and mobile internet sectors. The diversion caused by AI has led to a repositioning of the attractiveness of the crypto industry.

Yan believes that the industry needs to clarify its long-term value proposition to attract top talent. He argues that 'top minds chase the biggest problems, not the biggest trends' and that 'reconstructing the financial system is the true lever for changing the world.'