Jason K

@atticknight

69 Following

52 Followers

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ETH is losing the war of narratives with all the ETH maxis talking in the echo chamber here. Hard to measure the impact but it’s insignificant.

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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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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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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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When paying users can sustain the product.

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Hello, I’m an e-beggar 🤝

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CZ sold his house in 2013 to all in Bitcoin 🤔

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visioncirca.eth

Just minted ATTI by Atticc @atticknight Mint here - https://atticc.xyz/atti

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Moving to OP, interesting 🤨

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Check out what we are building at https://atticc.xyz

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GM https://i.imgur.com/eknVyb5.jpg

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