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https://warpcast.com/~/channel/consumercrypto
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DavidBeiner
@db3045
Every consumer crypto company should have 2 business lines rn. One: A gamified ecosystem for normies w hidden onchain mechanics. Two: Generate traction from crypto natives w token incentives. Goal should be to convert at least 20% of each user profile into the other.
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glbkst
@glbkst
Hm 🤔. I read that Tiktok introduces online store functions in more and more countries. And that it's used. In contrast I doubt a bit that so called crypto natives rly exist. Or the number maybe is too small to bother? Warpcast is a case in point maybe in regard of few users? And it *has* a use as a message or social media app, but it obvi. suffers from "-" network effects.
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DavidBeiner
@db3045
There are Crypto native users but I agree too few. That being said, you can still target crypto natives to jumpstart a business
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glbkst
@glbkst
Still? But maybe. I see useful use-cases for blockchain tech, but for gambling it's not needed at all. So in regard of music and related things? Uniqueness, verifiability of ownership were and are still useful. Does it need a wallet? Maybe not, but they exist and so it can be simpler than account abstraction or custom apps. But i think it's fair to say that 'web3' music platforms didn't succeed that much and there are no new ideas. Idk it, but are currently existing platforms sustainable for several years? Or will most or all disappear in say 1-2 years? NFTs are not an end in themselves, though.
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