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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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@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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