Seraph
@0xseraph
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Web designers like @reijowrites bring powerful interactions to the web with one platform: Framer
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as a builder, you know how it all ties together once the pieces are there, so short term it feels chill. but as a holder, you're the girl freaking out wondering if he's ever gonna ask. (most you guys got no gf tho so probably can't relate)
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you know how, if you are dating a girl you know you want to marry, you can be pretty chill about the "when married" question? she may be freaking out, but you're chill cause you have a plan in your head? kinda the same for nft projectsš
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More complicated things, like equity or token buy and burns, actually require⦠a real business. So that pulls you back to needing to build tha base first. Want equity in an IPO? Guess what, you need to build a business successful enough to be positioned to IPO. Yes there are
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To be clear, I donāt think this is an either/or situation (either web2 business growth or web3 community building), hence my statement about balance. I think a balance is extremely key, and as an operator, itās very easy to let that balance get too lopsided in one way or
@0xseraph Personally, I agree with Azuki going all in on the TCG/manga/anime approach and staying laser-focused on building a sustainable business model. There is no future for the NFTs if the business dies, obviously. However, I strongly disagree that giving perks and benefits to NFT
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As usual, X is not the place for logical debate and conversations. Iām not targeting anyone here, and donāt really have any agenda anymore. Just want to encourage people to start thinking through more of the perspective. IKZ forever
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But imo at least, thereās a clear hierarchy; sustainability HAS to be found. And so the question is, how much money/resources can be diverted away from this primary effort before it becomes too much of a juggle? The answer imo is obviously not zero, but itās also <<50%.
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No, the top projects arenāt in financial distress at all. But this also doesnāt mean that they can be stupid and frivolous with money. Now, there IS some truth in finding a balance. Focusing on web2 vs web3 is a about tradeoffs, and sometimes that balance can be out of wack.
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It really irks me that people call this focus on sustainability a āslow rugā. Would you really rather have the projects just slowly bleed to death? Most of the above isnāt specific about Azuki. But Iāll say that, I do think that people really need to be logical about this.
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and then you can do incredible things. Without it, you risk shutting down, like so many have done already. YES, there was a time where building purely for web3 could have been sustainable and kept everything aligned, But, that has become increasingly hard in the past 1.5 yrs.
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Again, i mean this in the nicest of ways, but the worst imo is the fact that so few can actually comprehend the idea that building a sustainable business is the foundation to EVERYTHING. Take care of the basics first (uhhh i.e. becoming a business that wonāt die),
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7. Often has EXTREME conviction that the current successful meta is the RIGHT meta, and wants the team to go ALL IN, 8. but instantly forgets this demand as soon as the meta shifts (and it always does). 9. Hears announcement > checks price > if price doesnāt move, teams a rug.
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6. Really struggle to understand 1st order effects of ideas, much less 2nd/3rd. Will insist on an idea, but puts minimal thought into understanding market dynamics, edge cases, resource impact, opportunity cost, business / partner / growth / runway / holder implications etc.
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1. Insist strongly that the current direction is incorrect 2. But have no clue what they actually want. 3. Has low interest/patience in seeing real products being built, and so 4. suggests focusing on web3 more, 5. But cannot articulate in real terms what that means.
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In all seriousness though, building for nft mfers lowkey kinda sucks. And i mean that in the most loving of ways. IN GENERAL (yes, there are a few edge cases), the loudest nft mfers simultaneously:
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Now that Iām back to community and this is no longer my problem to solve⦠ā¦I demand free shit in perpetuity or I fud. (and more than anyone else too so I feel better about my past decisions)
If you buy an NFT on secondary market for thousands of dollars, should you expect free shit from the company that created it, despite that company receiving no money from that secondary sale? Why or why not? Curious what people think š¤
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