Dan Romero
@dwr
Two ways to make number go up for a crypto asset: 1. Attention 2. Usage Attention is necessary for usage; usage not necessary for attention. But if you get usage, you have a chance to generate ongoing waves of attention. Usage with retention gives you the chance at a “flywheel”. Not all attention is created equal. Attention because of price is a fickle. Converting that to usage is hard.
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agusti
@bleu.eth
usage is detrimental for attention, if usage is shoehorned. aka: memes do better if are just that
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Dan Romero
@dwr
Hyperliquid doing well because of usage
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rostyk.eth
@rostyslavbortman.eth
Everyone knows about hyperliquid because of Hype price action and great marketing campaign Tech is good, but it's not important in general Perp dexs are not smth new
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agusti
@bleu.eth
yeah i guess hype if anything was the no VC's, airdrop for initial users, what made the flywheel go. on the tech side, it is the first decentralized perps proposal so i do think it is category defininig on its own right, but you're right that tech doesn't bring attention anyways
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