niftytime
@niftytime.eth
notable omission: digital art
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mcclick
@kyle
digital art as NFTs has financial aspects to it, but unfortunately it does not have onchain PMF. tiny volume and little demand.
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niftytime
@niftytime.eth
Legitimately curious, how exactly do you define pmf? Obviously you factor a specific volume threshold into it but curious to know what that is I've always subscribed to the more general "being in a good market with a product that can satisfy that market" definition https://x.com/RogerDickerman/status/1918296113276244050?t=bURVeCZsqayAJZv2nZ6CvA&s=19
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mcclick
@kyle
Face-ripping demand.
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niftytime
@niftytime.eth
Digital art has repeatedly seen face ripping demand tho (i was there for it on multiple occasions and literally produced the $91M pak merge release that did $150k in sales per second when it went live) We have seen continued high demand sales events on primary and seconday as well over the last half decade Obvi not going to convince you that digital art has pmf - to each their own - just more surprised you set the bar to define it so high
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mcclick
@kyle
Those are tulip-y speculation bubbles. There's no sustained volume after. Tokens have PMF - gargantuan CEXs, stablecoin issuers, insane volumes, and even strong volumes in bear markets.
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