given the decentralized, interoperable nature of web3 products,

what is the early-mover advantage for building in web3 today?

🦙 @alfaca | playing around onchain: @offmarket @perl | vc warm intros | fid #539 | resuming /cheesecoin once we hit pmf 🎯

Depends what you're building?

If you're building a protocol, most receptive audience of potential early users and developers.

If you're building an app, lower bar for competition and if you have the ability to survive and make progress through the brutal down markets, well-positioned to do well in the up market.

Can you tell us more about the struggle during down-markets? What interferes with the ongoing trajectory of the company!