Dan Romero
@dwr.eth
Two of the most successful crypto companies of the last two cycles were Coinbase and OpenSea. Both stuck to the original mission / vision through the bear market and became overnight successes because of the multi-year investment in core infrastructure. https://twitter.com/john_c_palmer/status/1661893420028252160
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Ian Place
@ians-place
I don’t know if I’d say opensea was one of the bigger winners from the last cycle. Coinbase was already dominant too, if anything I’d say Moonpay blew up more than most last cycle.
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Dan Romero
@dwr.eth
OpenSea was $10B+ company last cycle with a real consumer brand
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Ian Place
@ians-place
This dashboard speaks for itself https://dune.com/rchen8/opensea
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Dan Romero
@dwr.eth
You could say same thing for Coinbase I’m two previous cycles.
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Ian Place
@ians-place
Coinbase didn’t have as large of a drop in usage. But if we look beyond usage/volume Coinbase still had a greater impact (regulatory, providing liquidity, asset listings, etc…) on the space in the previous two cycles than opensea ever will. I’m also bearish on NFT marketplaces in general fwiw
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7858
@7858.eth
You couldn’t because that data’s not on chain 😉
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