Jason K
@atticknight
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Jason K
@atticknight
GM
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Jason K
@atticknight
Bullish
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Jason K
@atticknight
Don't buy into the mass adoption narrative the founder is pitching you, you know how expensive it is to acquire a user in Web2? The few million dollars he raises won't make a dent. The picture is hypothetical, using BeReal's and OpenSea's total active users as a benchmark for what's achievable in Web2 vs Web3.
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Jason K
@atticknight
To achieve this, a Web3 social app has to embrace the speculative nature of existing crypto users to generate enough trading fees, or demand for the token.
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Jason K
@atticknight
VCs investing in Web3 social, consider this: The TAM in Web3 is 100x smaller than Web2. For your Web3 investment to make sense, the app should be expected to make 100x more revenue per user. Otherwise why invest in Web3, just do Web2.
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Jason K
@atticknight
When paying users can sustain the product.
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Jason K
@atticknight
Hello, I’m an e-beggar 🤝
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visioncirca.eth
@visioncirca
Just minted ATTI by Atticc @atticknight Mint here - https://atticc.xyz/atti
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Jason K
@atticknight
Moving to OP, interesting 🤨
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Jason K
@atticknight
Check out what we are building at https://atticc.xyz
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Jason K
@atticknight
GM https://i.imgur.com/eknVyb5.jpg
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