Li Jin pfp
Li Jin
@li
Rather than directing tokens to re-create networks that already exist in web2, I think the focus should be on building net new marketplaces/networks that don't exist in web2, because the cost to bootstrap those networks is too immense. Tokens can help these "should exist" marketplaces exist
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Li Jin pfp
Li Jin
@li
Examples: - hyperlocal social networks (what's going on in a 1mi radius?) - new innovations in dating apps (face immensely high CAC traditionally) - licensed services marketplaces where the credentials could exist onchain, lowering the barrier to entry
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Li Jin pfp
Li Jin
@li
inspiration - was revisiting some of my old marketplace writing from years ago https://a16z.com/whats-next-for-marketplace-startups/ https://a16z.com/8-things-to-consider-when-building-managed-marketplace-companies/
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