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basil
@itsbasil
in consumer, crypto inherently cannot capture like 99% of the tam—and to build for the 99 is to neglect the 1 the problem is, in crypto, in order to even have a chance at the 99, you need the 1 it doesn’t matter how much you abstract; this is the nature of tokens
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TruthIsReality
@token-research
this was the initial blur thesis, right? get the heavy traders, the rest will follow. After all, theses did not entirely play out - blur dominates volumes but opensea still dominates marketplace fees, although they might not have the 1% at the moment.
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basil
@itsbasil
no idea; the roots told me building for traders & not collectors on an nft platform is dumb
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