proxy
@proxystudio.eth
neither of these approaches will attract net-new token buyers. neither gives tokens any context, consumers are never presented with a reason to buy a token, or given a sense of what it is they will own. consumer crypto's biggest mistake would be to assume that new consumers care about tokens at all. they don't, tokens are irrelevant - totally and completely - they lack any signification outside the speculative domain. crypto doesn't have a UI problem, it has a crisis of meaning. that crisis is exactly why the market on the right has plenty of users - pump is born from existential crisis, it exists within it happily, and its users don't care. not caring is the point. but we're maxxed out on nihilism, we'll need to offer something more vital & fulfilling if we want to attract more normal users via sleek consumer crypto apps
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Kieran Daniels 🎩
@kdaniels.eth
Consumer nonsense will fade and we will head back in the direction of core DeFi primitives. Build the yield and they will come back when the global liquidity comes back. Tipping ain’t it.
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proxy
@proxystudio.eth
consumers don't care about yield or defi primitives
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Kieran Daniels 🎩
@kdaniels.eth
Consumers investors definitely care about earning interest. It just needs to be a button press and no wallets or chains or bridging. Robinhood, Acorns, Chime etc
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proxy
@proxystudio.eth
assuming we're going to grow as an industry purely because of the growing financialization of retail savings feels like a miss to me, I want that stuff to exist but feels like aiming for a much smaller userbase than social networks
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