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There is something you could call engineering alpha or stack alpha. For eg knowing a language exploding in demand. But that’s a degenerate case. The full effect relates to stack maturity. The more tools you have to know to build a complete thing, the lower the stack alpha.
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An immature stack like Web3 might have only a few layers. That’s high alpha, and you can build rough frontier things with very high upside potential. What you build will mature along with the stack itself, enjoying multiple rising tide effects.
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