given the decentralized, interoperable nature of web3 products,

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

🦙 @alfaca | building fun consumer crypto apps: @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.

for protocols def get it since farcaster is the living and thriving example - was mainly thinking about app layer ones.

i just randomly thought about Apple - their classic style is not to be the “first to market” but “last to market” meaning they go when the tech matures and makes it mainstream.

i was thinking for software too.

Six Degrees: high server cost/scaling  issues/smaller audience 

Facebook: didn’t have much of issues Six Degrees suffered from

still to this day i wonder whether we stand at the atmosphere of Six Degrees or Facebook for building in web3 at least on the app layer.

Well that's hardware, which is different.

That said, Facebook was after a bunch of gen 1 social networks.

Coinbase was early to crypto vs. FTX was newer...