DeFi (100K total users)
Among the overlapping but distinctive themes of blockchain products, how to split our focus while going deep?
Radical social change. What does that mean? I think this is the opportunity where Defi + DAO intersection with easy wallet integration. Games will be built and is usually chain agnostic. Users will follow great games. Harmony’s infrastructure already supports that. But what will drive impact to Web 3 is easy and fun Defi (maybe Defi + Game = GameFi) and the application of DAOs. That being said - DAOs are at an infancy stage and it is incredibly difficult to manage and coordinate, especially with the lack of guidance and infrastructure to support. However, in a few years time, with the right DAO tooling, governance and the right focus on self sustainability - DAOs will explode and gain popularity. This means that we should still focus on DAOs but be selective in funding those with strong use cases. DAOs may take a while, but this is an area of untapped opportunity.