New L1 Better Than Sui, or Is Another Layer1 Even Necessary?

Photo by jaikishan patel on Unsplash

The blockchain world keeps evolving, but let’s be honest — do we really need another Layer 1 network? Pod just raised $10 million in seed funding, and while that’s exciting, it begs the question: what does Pod offer that networks like Sui, Ethereum, or Solana don’t already provide? And more importantly, does it matter when the Superchain might already be shaping up to be the AWS of Web3?

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For those of you new to investing in crypto, here’s the deal: Layer 1 blockchains like Sui are the foundation of decentralized networks. They handle transactions, run smart contracts, and secure the ecosystem. But with so many L1s already in the market, every new player faces the challenge of standing out. Is there room for something better, or are we reaching a point where innovation needs to happen elsewhere?

“For web3 applications to achieve mass adoption, they must match the speed and seamless experience of…