Nicholas Charriere
@pushix
Idk why crypto doesn’t build stuff like this. I completely agree this would be immediately valuable. https://x.com/sahil_harriram/status/1917962371307569556?s=46
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Dan Romero
@dwr.eth
What problem does it solve?
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Nicholas Charriere
@pushix
Background checks. AFAIK checkr is a billion dollar company solving this problem
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Dan Romero
@dwr.eth
So why would someone be incentivized to solve this if they are capturing value from the existing system? The coordination challenge to create the alternative is unlikely to attract the right people if the margin compresses.
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Nicholas Charriere
@pushix
I don’t think this is it at all. If there is opportunity, then someone should go after it. I just think web3 attracts a specific type of founder and they aren’t as attracted to problems like this one. “Boring but useful and low margins” is hard
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