most crypto apps today serve more as an off-ramp (liquidated | jarroddicker on Binance Square

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most crypto apps today serve more as an off-ramp (liquidated!) than an on-ramp.

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crypto apps in service of people, not blockchains. who's building this?

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via ~2021: "Today’s Web3 communities are building neighborhoods to attract community versus building communities to foster neighborhoods." lets learn our lessons and adjust accordingly 👇

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growth paradox: achieving 'scale' in crypto today often just means recycling the existing customer base by offering them similar products, rather than bringing new users into the ecosystem.

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Without the constraints of feeling that every crypto application needs to drive transaction volume and monetize from the onset, more entrepreneurs will feel flexibility to build shit that people actually want to use. 👇

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i take a lot of lessons from the media biz & try to apply them to crypto. starting to think of L1s/L2s as MSMs; fighting for same audience, same content, rotating talent, same viral themes. i used to say every news sites front page is exactly the same. so is every L1 app page.

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