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Idan Levin 🎩
@idanlevin
as high interest rates suck liquidity from the markets, the crypto industry is facing a cold truth: we don’t have pmf as an industry people are mad at Vitalik for telling the truth about DeFi, yes the truth is often unpleasant the truth is that no one you know is using crypto day-to-day for anything other than speculation* now that we realize we have enough infra capacity, the focus is going to shift to one thing: getting the tech adopted sorry frens, but it’s not going to be the next 10x perps exchange, BTC trading, or DeFi yield farming we need to give people something that will make their lives better tomorrow morning. They’re tired of a decade of crypto promises right now, they don’t care about DAOs or trading. They need real value adoption will most likely start with consumer use cases and once consumer adoption takes off, then we can scale and actually start using DeFi down the road *at least in the developed world. stablecoins are taking off in the developing world.
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Liang @ degencast.wtf 🎩
@degencast.eth
Totally. Imo lots of ppl love polymarket because it's one of the rare case where you could argue that it is good/usefule speculation.
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Danny
@mad-scientist
1. Long term SoV is not speculation. 2. DeFi has great pmf, it's 10X trad-fi for individuals. Mass adoption isn't here yet, but it may come. 3. Free speech platforms have pmf, and there are so few of them. This is an opening.
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Philip Sheldrake
@sheldrake
PMF is conceived in terms of “how can we develop / improve our product so more people find it valuable?” all other things being equal. And then there’s changing the context so that all other things are not equal. A meta-PMF if you like. And imho the valuable emerges with the meaningful. If we change things up on the meaningful front, it offers a rising tide for everyone seeking PMF. /addresso
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Liang @ degencast.wtf 🎩
@degencast.eth
We believe Token Curated Registries (TCR) has a chance here because just like prediction market, it's one of few cases where we could align incentive with positive externalities. And Farcaster is the perfect community for such experiment.
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Juli 🎩↑
@juli
Couldn’t agree more. Many are also stuck with the thought that 1 whale can buy as much tokens as 100.000 smaller users and optimize for attention to acquire a 10m TVL, token buy-in.. Building for 100.000 consumers instead of 1 whale trader is harder (but not too hard anymore) but you might actually take the money home + upsell + enable more onchain economic value creation. Takeaway: time to optimize for product, revenues, returns and not solely for token price. 2000 $degen
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Ezekiel Ekondu
@ex3c
totally, please can you check your dm?
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