Adnan | Substack

Adnan

Launched 3 years ago

May Was the Month It Started Working

A few months ago, we told you we were rebuilding.

Jun 8 • Adnan Khaled


Web3's Greatest Strength Is Also Its Greatest Curse

On airdrop culture, the criminalization of failure, and the builders we're pushing away.

May 28 • Adnan Khaled


Why We Tore Down a Product That Was Already Winning

The Lingo rebuild, explained → note on our last three months.

May 21 • Adnan Khaled


What If You Never Had to Lose?

Three models compete to own the intersection of crypto and prizes. Only one lets users keep their money. A first-principles analysis of why no-loss….

Apr 8 • Adnan Khaled


The Never-Ending Search for an Edge

Why Every Generation Finds a New Way to Lose Money While Feeling Smart.

Mar 16 • Adnan Khaled


The Quality User Paradox: Why Distribution Just Became Easy, And Harder Than Ever

Everyone can reach users now. The question is: can you reach the right ones?

Jan 24 • Adnan Khaled


The Death of Development: Why Distribution Is the Only Moat Left

We're entering an era where building an app takes hours, not months. The question is no longer can you build it—it's can you get it in front of people…

Jan 4 • Adnan Khaled


The New Era of Web3: Product-Market Fit, Revenue, and Real Value

Why the next crypto winners will look more like businesses and less like lottery tickets.

Dec 16, 2025 • Adnan Khaled