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Apurv
@apurvkaushal
Hitting a plateau at 10k Pro mints suggests the demand may have been driven more by NFT speculation than real product-market fit. Or maybe only ~10k users are currently willing to pay $120/year for social utility; pointing to a smaller TAM (total addressable market).
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Gregarious
@gregarious
They continue to go past but definitely without the fervor. Give people something to collect, they’ll collect it. Give people something to speculate on, they’ll run each other over to get it first. I think the single option of $120 was a bigger bite for many but expect the &10 monthly plan will see fairly good adoption as well. In fairness, this is also people paying for a product at a reasonable which most of us should admire and cheer for!! I think they have a squint at PMF for the crypto-first social networkers but unclear if this market has broad potential or is just a local maximum along the way.
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Nash
@nash
Incentives are what drive people The data clearly shows that. Totally agreed on the NFT thing. Limited edition NFT drop was the key factor behind this If the collection size was 20k then we would have seen more pro subscribers
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