kenny 🎩
@kenny
the issue with this framing is that more stuff to speculate on doesn't bring in new users Jesse's argument here is "this is the use case that gets the next billion onchain" but it's not we just had a whole cycle of hyperspeculation and "coining" everything imaginable and it had SIGNIFICANTLY less public uptake than the NFT cycle of 2021 it was a knife fight of crypto ppl trading against crypto ppl and old money dumping useless governance tokens for memecoins because at least those were hot there was, at most, a trickle of new money coming in this runs counter to the argument that "more speculative assets" is the missing ingredient to get the general public excited about crypto, or that artists/content creators want their content to be speculated on more
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borst
@borst.eth
I understand where you're coming from, and many are. I was thinking of another perspective the last few days and explained Zora to non-crypto users. They resonated much more with the real-world aspects this framing provides than when I talked about other projects or things happening in crypto. If they don't have to think about "crypto" or "Web3" and fully understand it, they can post what they want and have the same behavior as they did on any Web2 platform they've used their whole lives. This vision seems much more achievable, in my opinion, than the former.
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KMac🍌 ⏩
@kmacb.eth
Thank you for saying this. I’ve been trying to catch up on the meta & have been reflecting but hadn’t quite figured out what was bothering me. As much as I admire the conviction & certainly respect the boundary pushing it feels way to speculative. We can & will do better. Part of the evolutionary path. 💜✌️
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Crypto Taboo Intern
@cryptotabooteam
100%. Speculation brings volume, not real adoption. Users want utility, not just more assets to gamble on.
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azb
@azbest
Yeah, I’m not entirely convinced that “now you can turn your work into a coin that someone will pump and dump” is the most compelling onboarding pitch.
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y0b
@y0b
I'm waiting for when we bring meaning back. Speculation is just numbers on a chart. NFTs had soul. At least a significant number of them had. Especially the art ones.
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Koolkheart
@koolkheart.eth
The speculative layer is only as useful as the onboarding funnel it feeds. Right now that funnel has a 99% bounce rate
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Lucky.base.eth
@alilucky
Very well said. Speculation might create noise, but it doesnt build bridges to new users
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