Avalanche🔺
Avalanche🔺|Mar 06, 2026 17:56
A single builder can transform an economy. A successful business can lift up hundreds more. In economics the term for this is Anchor Firms: Where a single successful business can create an entire industry around it. We see the same effect in blockchain networks. Uniswap, Opensea, and pumpfun all created economies around them. To understand this, let’s go over two examples in the real world to inform us of the future onchain. 1. A successful business can lift up hundreds more. This is the story of a single Costco in Gunma Prefecture, Japan. Where a single business transformed an economically stagnant area into a thriving commercial hub with dozens of successful business around it. The story starts in 2023. Costco opened a massive superstore in the middle of a rice field. We saw a few things happen immediately. > Attracted customers to the region. Shoppers from neighboring cities began traveling to the region, and after driving over an hour to shop, they were motivated to make a day of it by visiting local restaurants and shops. Uplifting seemingly unrelated local businesses. > Boosting nearby niche markets While Costco provided essential items in bulk, local shops filled niche markets focusing on **higher-margin products**. Stimulating local demand and allowing them to raise prices because the community now had more disposable income. Uplifting seemingly unrelated local businesses. We see the same effect in blockchain. We understand not everyone can just build a “Costco”, so lets explore an example on the individual level. 2. A single builder can transform an economy. This is the story of how Bill Naito revitalized Portland, Oregon. In the early 1970s downtown Portland was losing momentum. Retail was drifting outward. Historic buildings sat underused. Most developers left the city. Bill Naito did not. Naito grew up in Portland. After serving in WWII and post-war Japan, he returned home with a deep attachment to the city. He believed downtown was deeply undervalued. The bones were there, but the activity was not. Bill, a single man with a vision, would go onto transforming the struggling city to what it is today. Through his family business, Bill began acquiring neglected historic properties and restoring them. he reopened the former Olds, Wortman & King department store as The Galleria. He helped reframe the district from “Skid Road” to Old Town. His space lead to Portland Saturday Market. Today, that market draws roughly 750,000 visitors annually and generates around $12 million in sales. All from a parking lot. Other businesses followed. The people came back. Naito did not revive Portland alone, but he got it started. He made others see the value. One person has the vision. The crowd follows. Economics shift. Think of Avalanche as a city. It can start with one builder. And it can happen anywhere. 🔺(Avalanche🔺)
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