Content
@
https://opensea.io/collection/dev-21
0 reply
0 recast
2 reactions
Chinmay ๐น๏ธ๐ฟ
@chinmay.eth
Some technical lessons we learned while building @basketdotfarm Thread Below ๐
2 replies
2 recasts
12 reactions
Apurv
@apurvkaushal
insightful reflections - any market reflections? as to the criticality of the problem you're solving? remember discussing on the concept of index funds such as these not existing before & the why now still not being clear...
1 reply
0 recast
1 reaction
Chinmay ๐น๏ธ๐ฟ
@chinmay.eth
They have existed for a long time. The first one was crypto20 back in 2019.
1 reply
0 recast
0 reaction
Apurv
@apurvkaushal
i mean more from a traction pov. know of a couple of asian companies which launched this but did not really get adaption
1 reply
0 recast
1 reaction
Chinmay ๐น๏ธ๐ฟ
@chinmay.eth
Yes, my belief is that none of them were able to market their products due to lack of regulation uncertainty. Also, all of them had a limited amount of options for their consumers. So, we are taking a grass root approach where anyone can create a basket and do their own marketing. Of course, we are sharing the fees, but it helps us move the tech forward. Plus, the gas fees and explosion in assets (with new asset classes) opens up many more opportunities. Open to criticism or feedback.
1 reply
0 recast
1 reaction