lots of people asking this privately but no one asking publicly

why is everyone so angry we don’t have any crypto apps

and why did we abandon integrating or transferring existing apps to be onchain

why the obsession with net new apps

[i have my own answer but steelmanning is good thought experiment for us all]

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

my 2¢ on need for apps: apps bring demand, demand brings investment, investment brings income/jobs. the music eventually stops without apps. apps let the music continue.

why net new: porting an existing product isn't enough to move demand, so product must be much better (v hard) or previously not possible (easier)

i do think there's some threshold at which point an existing/ported over product does become much better on the new rails.

i think warpcast is an example of this. had to get to ~feature parity w bird app before net new experiences that were only possible on new rails could exist (eg in feed txns)