I'm going to say something that's true in crypto that i wish wasn't the case, and have been slow to admit

Narrative market fit is more important than product market fit

Maybe it won't be that way forever but it's been true for as long as i've been here

Not totally following. Do you have an example?

Open-mic comic who reads too much about network states. Find my clips on seemore.tv/stevlesh

every NFT project.

many have a strong narrative (social traction, distribution, etc.) but no business model or product.

founder & investor. nyc. building cool shit for early stage startups /syntax
big /mentalhealth guy 

well it depends on how you define failure. 

i think with a strong narrative you can “survive” for years, especially with the capital raised during the hype. 

we’re definitely saying the same thing - PMF or eventually die lol

Yeah isn’t that only true in the short term tho? Narrative gets you some hype but you still fail if you don’t have pmf