DeFi (100K total users)
Among the overlapping but distinctive themes of blockchain products, how to split our focus while going deep?
DeFi: My first job in finance was at Goldman Sachs, but I’m still unqualified to think about global financial adoption versus “career bankers”. I don’t see our team and community having that expertise and passion. Whereas I think culture will drive users in the millions. DeFi is hard to use, yet easy to copy. NFT: I look at this as the broad ownership economy. This includes social tokens, music NFTs, and other cultural projects. I do think culture will be what brings in millions of passionate fans and people. DAO: The way I see the word DAO is it’s the 21st century “corporation” and maybe even “country”. We are no where near that level yet of adoption, but it’s a structure that can allow people to connect and work around the world. We should dive deeper into successful case studies. Games: There are 3.24 billion gamers in the world according to Statista. We have a fast chain that can support games and we have Peter who is passionate about leading this initiative. Let’s double down! Wallets: We have 1wallet and it is open source now so I hope we can push forward our Android moment.