@juli

$QR is 80% "cheaper" on a fundamental basis now than it was previously if we look just at the revenue multiple (Price-to-Sales). While daily revenue dropped by about half, the market valuation dropped by roughly 10x. This means the "premium" investors were paying for future growth has evaporated; it is priced more like a steady-state or distressed asset. Is there a big chance of project death &or is there a chance of better crypto markets, more onchain activity, Farcaster activity, Base activity, crypto activity, general QR usage and therefore bigger marketing spend & new growth for @qrcoindotfun? *Obv burn rate & buybacks is also worth considering

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