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Coop pfp
Coop
@coopahtroopa.eth
One of the tougher parts of building consumer apps is seeing dozens of L1s and L2s being valued at multibillion dollar valuations while they entirely rely on strong apps to give them tangible value. Meanwhile... the number of billion dollar+ crypto consumer apps is basically 0
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Yele | Onboard 🌐 pfp
Yele | Onboard 🌐
@yele.eth
Almost like the incentives are for builders to deploy more infrastructure / L2s. Do you think we’ll see the rise of app tokens? Or maybe L2s will use RetroPGF to distribute tokens to their apps?
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notdevin
@notdevin.eth
Are we talking about real value or paper value? There are no crypto anything’s that have made it past the inner circle yet in terms of adoption.
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Mac Budkowski ᵏ
@macbudkowski
It is frustrating but there's hope. Never checked their finances but I'd bet that ZORA, OpenSea, and Uniswap have $1B+ valuations
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wijuwiju.eth (mopzy.eth)
@wijuwiju.eth
And both are extremely overvalued
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kerman
@kerman
It’ll be amazing when the market aggressively starts repricing this phenomenon. Apps are demand drivers and should be valued as such.
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Cyber Shakti 🎩😇😈💃 pfp
Cyber Shakti 🎩😇😈💃
@cybershakti
I feel you! Without consumer apps your infra is as good as a 12 lane highway with 0 cars on it!
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derek pfp
derek
@derek
This won't be the case for much longer. Contrary to a lot of talking heads out there, we're not in the "mid-90s" era of crypto, but the late-80s. Pipes are still being laid.
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billyTRILLions
@billyshipp
Don’t get distracted Focus on growing the pie Don’t worry about other people’s slices
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Charles Yoo-Naut
@cnaut
I think we've reached peak infrastructure for the interim
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