When @kompreni and I released Valuables in 2020, there were a few other copy minters around that let anyone mint tweets into NFTs

Folks asked if we were worried about that competition

A few months later Jack Dorsey ended up selling his genesis tweet for $2.9M using Valuables

All the other “competitors” failed for a few reasons, but mainly because they failed to copy the key product design decision that made tweets minted on valuables actually valuable

Products that seem simple on the surface are often carefully thought through to make them seem simple and resonate

Onchain startups. Farcaster app store (@farstore) and tips (@tipn)