Content
@
0 reply
0 recast
0 reaction
Corbin Page
@corbin.eth
Lots of features in here similar to the crypto space: * "Giving fans a stake..." * An action "tier" ahead of Likes/RCs for the algo * This hype tier costs money from users, some going to creator * Leaderboard/points becomes the game itself * Small creator bonus Obviously wish it was 1) thinner platform, more creator friendly 2) cross-platform & permissionless 3) used crypto for payment... The internet is converging on a lot of these same social features but the incumbents have scale and distribution and frankly better products. I hope crypto gets a player at this scale (besides Telegram) in the next few years.
1 reply
0 recast
0 reaction
humpty
@humpty
love to see it. and crypto can certainly make this better. do you think what holds crypto back from wider adoption are negative narratives or something else?
1 reply
0 recast
1 reaction
Corbin Page
@corbin.eth
What's holding crypto back is: 1) Incumbents have no incentive to build these features on crypto rails. *Maybe* creator payments in stablecoins or chargeback prevention...but they'd rather have in-app payments+collectibles vs using crypto rails bc they'd be giving up control and margin. 2) Crypto-native alternatives have yet to get an order of magnitude within the distribution of incumbents. Crypto benefits of [1) thinner platform, more creator friendly 2) cross-platform & permissionless 3) used crypto for payment] aren't nearing as important as super engaging content and habitual users. 🙂 Telegram is likely the exception at scale. FC / @drakula / @rodeodotclub / @zora have the potential but need to grow into the scale.
1 reply
0 recast
1 reaction