Alliance DAO co-founder highlights the lack of competitive advantage for L1 tokens; focusing on the application layer is essential for growth

QwQiao emphasized the lack of competitive advantage in L1 public chain tokens, noting they are easily commoditized. He believes that application layer development is crucial for enhancing their value.

With cross-chain transfers simplifying migrations and easier blockchain launches, QwQiao asserts that focusing on developing the application layer is essential for chains like Solana and Base to thrive.