Dan Romero pfp
Dan Romero
@dwr.eth
The fundamental issue to solve for consumer crypto is consumer demand. Demand defined as a combination of both time spent and spend. Spend is downstream of time spent. Time spent is downstream of interesting.
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Dan Romero pfp
Dan Romero
@dwr.eth
Plausible to have just time spent with no direct spend, but then 1) why deal with current crypto consumer headwind 2) ultimately the spend is indirect from an advertiser.
3 replies
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Rakshita Philip pfp
Rakshita Philip
@awkquarian
agree that most crypto products still haven’t figured out the interesting part. speculation honestly remains the most engaging use case. that’s probably why the biggest winners this cycle are things like pump, polymarket and kaito. we keep optimizing for incentives before we even earn people’s attention or retention. without sticky content, diverse creators, viral trends or gen z culture curators there’s no reason to spend time so spend may not grow. and let’s be honest, most crypto social apps right now feel kinda boomer-coded. not saying that can’t work, but people still want to feel cool, young, tapped into culture on a social app. that’s why hot, young creators dominate attention. for a lack of a better word, we’re not aura maxing. there’s no vibe, no energy that makes young people want to show up and feel cool here. I’m not trying to be a boomer hater but. we still haven’t figured out how to build a social app that’s actually sticky for both crypto people and normies. and until we do, we’re mid on both fronts, attention and monetization.
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