Updated thought on erc404:

I don’t recall ever seeing a fractionalized nft trading $70m volume at $200m on day 1 

Naysayers may be right about erc404 tech limitations, but this may be one of those cases where distribution > tech

always wonder if this is result of launch path dependency. things you cant control like timing (infra, market liq, meta), distribution graph (first people to find out & propagate from their regions toward their connections) etc ... because i dont see a revolution here.

if so means there is a lot of ideas to re revisit

dev, armchair economist & crypto tea leaves reader - 

aspiring cult leader on /futarchy - 

https://twitter.com/nicovrg_



the secret ingredient is often not the one people think it was. thats why its always hilarious to see people optimise gas & others type of -ev time drains while iterating