Andrew Smith

@thebulldoge

87 Following

322 Followers

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/versatus https://x.com/cryptonomikhan/status/1780264191170871345?s=46&t=QcAa91vivGrIcMPo96YopA

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an excellent article from Andrew @thebulldoge that makes everyone who builds in Web3 think, Versatus is really doing something special https://twitter.com/VSTSFounder/status/1777139721673552197

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Same, this take is so dumb. Gajesh is amazing and under the tutelage of an absolutely fantastic team of mentors.

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https://x.com/sreeramkannan/status/1761443457300857252?s=46&t=QcAa91vivGrIcMPo96YopA

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EmpiricalLagrange

@eulerlagrange.eth

I wonder how many great products weren’t built because it didn’t fit the venture capital view of a good investment.

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@coopahtroopa.eth

Everyone thinks you’re crazy until it works. Keep going.

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Because there’s barely any Web3 devs and lots of money to be thrown around. Financial incentives alone are not enough to overcome the barriers to entry for most devs given the opportunity cost.

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Wao! Lots of new followers! Thanks you all! Don’t forget to follow /versatus as well!

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Agreed, but to get 1 farcaster it took 22k devs trying things. We need Farcaster quality dApps across 20 categories, which the best way to accomplish is to have 440k+ devs try things. Most will fail, as with all startups, but a few will emerge. To get there we need reduced barriers and increased incentives for buidling

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Until there’s way more, like 100x, current creators/founders, 49% should go to creators & founders, 50% consumers & fans. Creators & founders build the apps that users of the future will use, need to incentivize them & their teams first to keep them around and encourage them to bring more into the space.

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Contract calls getting closer, but not quite there yet… Buidling & testing is v. v. smooth, intuitive and flexible, still some rough edges on the deployment & calling. Soon. Can’t wait to share it with you all.

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Sending on LASR:

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Mom: “So, what’d you do this weekend” Pregnant Wife: “Took a prenatal yoga class, did some shopping, packed for our trip” Me: “I sent fake ETH on the LASR testnet to a co-worker so he could deploy a fake shitcoin contract called $SHILL he built in JavaScript, it’s gamechanging stuff we’re building”

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From Versatus with love

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I was referring to the part of the model where people buy fractional shares of a property, it’s difficult to find a price point that makes sense for the owners. I think I misunderstood though. You’re saying let people own fraction of managed airbnbs, to rent out and earn income, not fractionally live in?

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Would love to see it happen at some point though, and I’m sure someone will figure out a model that works.

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Great idea, but it’s very tough to execute. It’s only profitably to own an Airbnb because you’re able to charge way above pro-rated rental rates for the period desired. There are a few “fractional ownership” / multicity rental platforms that haven’t achieved scale because of the price point for members.

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