FUN ⌐◨-◨ pfp
FUN ⌐◨-◨
@funnouns.eth
I think there’s a huge synergy between the NFT and DTC space.
0 reply
0 recast
0 reaction

@
0 reply
0 recast
0 reaction

FUN ⌐◨-◨ pfp
FUN ⌐◨-◨
@funnouns.eth
At a very high level: NFT projects are great at finding funding, but terrible at establishing a business model. Most DTC companies have a hard time getting funded, but could be a great business model if LTV > CAC.
1 reply
0 recast
0 reaction

FUN ⌐◨-◨ pfp
FUN ⌐◨-◨
@funnouns.eth
Successful NFT projects and DTC start ups have one common thing they’re world class at, which is marketing. The underlying technology and logistic advancement is hard, but not a differentiator. *The brand* is the differentiator and the moat for both NFT and DTC companies.
1 reply
0 recast
0 reaction

FUN ⌐◨-◨ pfp
FUN ⌐◨-◨
@funnouns.eth
That said, marketing is only great for user acquisition but not good for retention. So that’s why you see both put a lot of emphasis in community building. In addition to retention, a passionate community is word of mouth. Which contribute back to marketing and lower CAC.
0 reply
0 recast
0 reaction