Dan Romero pfp
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 pfp
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 pfp
Dan Romero
@dwr.eth
OpenSea was $10B+ company last cycle with a real consumer brand
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Ian Place pfp
Ian Place
@ians-place
Yeah but we all know that valuation was/is terribly inflated. OpenSea usage is currently abysmal and the PFP hype doesn’t feel sustainable long term. But to be clear Coinbase is still cruising and having a huge impact on the space. Just feel like OpenSea wasn’t really a (sustainable) winner of the last cycle.
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