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ted (not lasso)
@ted
it's inevitable that crypto product frontends will price access in stables and allow users to pay in whatever asset they want. pricing access to a product in a volatile asset is too bad of a user AND builder experience for it to remain the norm. speculators buy access they'll never use, drive up prices and lock out potential real users. bad for builders (who need real usage), bad for users (who can't get in). "what's wrong with adjusting access requirements as price changes?" if you're dropping access from 10k $token to 1k $token while nothing about the product changed, you're already pricing in stables — you're just using $token as an unstable middleman, introducing volatility risk for users and extra work for yourself. defi enables any product frontend to show price to access at a stable $25, yet users can still pay in whatever they want (ETH, USDC, ANON, HIGHER, VEIL). the tech for this already exists today. zero friction for users. zero complexity for builders. zero volatility risk for everyone.
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nuconomy.⌐◨-◨
@nuconomy.eth
This may be true for product driven companies, but when people are launching a new token, they often don't actually want static pricing. They want to induce FOMO so people buy "enough of the token" before it escapes their acceptable price range and others buy in speculating on that behaviour leading to price go up.
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ted (not lasso)
@ted
... so should we just assume that any early stage product that prices access in its volatile asset is not a product-driven company? what [FILL IN THE BLANK]-driven company are they then? and what does this mean for the future state of crypto-enabled products?
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nuconomy.⌐◨-◨
@nuconomy.eth
They are often treating the token as the product with speculators as one of their primary customer bases (hopefully alongside users of the non-token product). In many cases they could launch their non-token product without a token and still function but wouldn't attract the same attention or capital to their ecosystem.
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