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qw
@qw
Every successful consumer product in crypto I’ve observed closely grew in a staircase fashion. They chew glass with no or little growth over an extended period of time - 6 to 24 months - then reaches escape velocity and explodes - then does the cycle again Farcaster is the latest example of this
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MJC
@mjc716
what are the other examples of this?
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qw
@qw
Coinbase, btc/ethereum, most DeFi, tensor
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MJC
@mjc716
i see. a little more expansive of a definition of consumer crypto than i expected but makes sense
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qw
@qw
Yea, trading related apps is also consumer for me. And I’d say it applies to protocols too
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