Mee Mee pfp
Mee Mee
@sundaymiimii
My Honest POV on Internet Capital Markets as a trader and marketer in Web3 ICM is, you know, like the new shiny thing. The hype has died down a bit, but to be fair, it has potential. The idea of giving creators and founders new ways to raise capital is cool. But the way a lot of these products are being built right now? Not cool. First of all, if you’re building a Web3 product with a token, make it make sense. Why am I holding your token if I still need to subscribe via Stripe or my dollar card? Why can’t I just use the token inside your application? You say you’re Web3, but you’re moving like 2014 SaaS startup with a coin slapped on it. That’s just being lazy. And don’t get me started on the token-with-no-use-case pattern. You create a token, hype it up, it pumps, people dump, and that’s it. No value, no stickiness, just vibes and volume that disappear after the first exit candle.
1 reply
0 recast
0 reaction
Mee Mee pfp
Mee Mee
@sundaymiimii
If ICM is going to work long term, they need to do better. Tie the token to actual product utility. Incentivize usage, not speculation. Make onboarding easy for Web3 natives and new users. Pay creators in token if that’s your whole value prop. There’s potential in the ICM markets, but right now, too many of these projects are skipping the basics. If you’re just here to farm hype and exit, say that. But if you actually want to build a long-term ecosystem, fix the foundation. Anyways, these are just my thoughts after interacting with a few ICM tokens and products. Let’s see how it evolves.
0 reply
0 recast
0 reaction