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Noah Bragg π₯
@nbragg
How are we going to turn the tables?
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Lawson.fm
@lwsnbaker
Been saying this for a while. This is the revenue cycle. Not an innovation cycle.
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Noah Bragg π₯
@nbragg
That's an interesting way to think about it. But builders have been building for quite awhile. Why wouldn't we have any valuable apps by now as well?
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Lawson.fm
@lwsnbaker
Onchain revenue is valuable. Numbers are small but signaling v nice upside potential.
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Lawson.fm
@lwsnbaker
Valuable apps refer activity and take referral revenue or add revenue on top. See wallets for example.
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Noah Bragg π₯
@nbragg
I think this is one of the issues. The incentive in crypto is to create a token to speculate on more so then create a sustaining revenue generating business model. More money made in the speculation part.
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Noah Bragg π₯
@nbragg
Definitely some good apps that have made it through this noise and become valuable. But the incentive makes for a lot of projects that donβt and donβt need to.
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