lots of people asking this privately but no one asking publicly

why is everyone so angry we don’t have any crypto apps

and why did we abandon integrating or transferring existing apps to be onchain

why the obsession with net new apps

[i have my own answer but steelmanning is good thought experiment for us all]

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

Now apps are hard regardless of whether they are on crypto rails or not.

They are harder on crypto rails because of the UX.

Back in 2021 everyone was excited because some large apps such as Instagram, Twitter, Reddit and YouTube were exploring crypto features.

After FTX and the bull market all of that stopped.
The few new apps that have received any attention are speculative such as friend tech and Polymarket.
No one wants to try anything else.
The reason why I'm a fan of Farcaster. One of the few projects actually trying to do stuff in crypto and consumer without fi