Nate (natevc)

Why consumer crypto should be less like Wall Street and more like Rainbow Road: https://paragraph.com/@0x6b2e6b9c10e726cb21a973507c408d7e11432050/default-game-1

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The problem with consumer crypto: Putting trading first, value second. We have a million ways to trade tokens. But the tokens are slop. Nobody holds. Everything goes to zero. We need the reverse: Put value first and let trade emerge naturally.

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One problem with creator / content coins is their form factor: They have a $ticker. They trade like financial assets. You view their charts and interact with them through exchanges. These need a completely different, non financey feel if they are ever going to go mainstream.

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Build every consumer app like a game: https://paragraph.com/@0x6b2e6b9c10e726cb21a973507c408d7e11432050/default-game-1

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This is how we will build useful consumer apps: https://farcaster.xyz/natevc/0x91abbca0

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Why consumer crypto should be less like Wall Street and more like Rainbow Road: https://paragraph.com/@0x6b2e6b9c10e726cb21a973507c408d7e11432050/default-game-1

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Crypto social hasn’t found its raison d'etre, but maybe: Crypto turns the internet into a giant MMO. Earn “loot” (badges, items, characters, skins…) in apps, and then take them to another app where they have new value. Therefore crypto social is where apps and loot go to mingle.

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