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Lior
@lior
There's a new meta trend in town to launch a product 1. Have fun with launching a MemeCoin 2. Get attention and excitement 3. Leverage it to build an initial ecosystem (+ funding) for your idea. 4. Build Each phase has it's own unique selling point and value proposition that attract different persona types, but
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Lior
@lior
> has a silver lining purpose towards the bigger picture Those degens aping into your meme coin, are not the exact user group to use your product But their financial motivation will help you carry the vision and word out to the world - getting your target persona's attention.
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Lior
@lior
They came for the hype and profit expectation, but they can sure be the ambassadors helping you reach to those who WILL USE YOUR PRODUCT. In a way very close to the proxy model we run at @covariance: Leverage the network value to source opportunities. How?
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Lior
@lior
Usually an advisor will leverage his/her network value and provide value to an early stage project or protocol, while capturing the entire value unlocked themself At @Covariance, we give access to anyone in the network, and share the value between that has been creating that value. Sounds better, isn't it?
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Juli 🎩↑
@juli
I hope this model works out. Access to deals is already great. I do think some fulltime people are very much needed for all projects and therefore only select community projects will get the support & contributiors to become more than a fun side project with speculation. 1000 $Degen
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Lior
@lior
Agree - this model enhance the existing team (whether it's just a founder doing BD, or a full time employee) - they both could always use more inbound warm into leads and opportunities outside their radar / network.
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