0xen 🎩
@0xen
underestimate culture and vibes at your absolute peril. blockchains very much are brands. back in the 60s Robert Irwin was frustrated that all the good artists would move from California to New York and a famous dealer told him that no matter your stature, a painting that would sell in 1 day in NY might take weeks or months to sell in LA. if you disagree and think blockchains are just invisible tech try launching yr consumer crypto product on IOTA or Stellar and see how far you get. https://x.com/dwr/status/1852062425773953092
6 replies
4 recasts
47 reactions
Dan Romero
@dwr.eth
still doesn't fix d30
2 replies
1 recast
14 reactions
Garrett
@garrett
d30 matters less and less when there's not user growth alongside it
1 reply
0 recast
1 reaction
Zach Davidson
@zd
Lol brother this is backwards Growth matters less and less when there's no retention preceding it Why attempt to grow something that people use once and stop using?
1 reply
0 recast
6 reactions
Garrett
@garrett
Maybe it is! My point is that I think you can parrallel path growth and retention opposed to being 100% focused on retention Did early social apps solve for retention or network effects? Why did I come back to Facebook or Myspace in the early days? Because more and more of my friends were there to be social, not to consume content A lot of social media today is really about media and content consumption rather than a social network for me to talk to my friends or connect with a social circle
3 replies
0 recast
2 reactions
🗿
@bias
Early days it was also a way more novel thing, social sites are a dime a dozen now
2 replies
0 recast
2 reactions
Garrett
@garrett
Yeah totally! And there's entrenched players with strong existing network effects which makes it very hard for new players. A lot of social interactions have moved to messenger apps/platforms. My hope was (is) that FC could be more about social than media My working thesis is that social media was 90% social / 10% media at the start and now it's basically flipped to 90% media / 10% social I think there's a real demand for true social experiences and interactions without forcing content to sit in between. Human connection is more powerful than good content.
1 reply
0 recast
2 reactions
Zach Davidson
@zd
Totally - this just makes it even harder to get the flywheel spinning
1 reply
0 recast
1 reaction
