Creator Economy, AI & retail-tech investor | J.D. & J.M. | PNG collector | Musical lover | Happy to chat, using Cal.com link below to book calls (https://cal.com/darrenli)
These companies follow a playbook originally written by Amazon: serve the needs of users within a single high-frequency purchase category, and use that category as a beachhead from which to expand vertically (brands) and horizontally (categories).
One of the big benefits of open source is that it opens the development of niche features to the community. While the core product is typically maintained by a central engineering team, integrations or plugins are often built by community developers and then occasionally merged into the main branch.
The kids who left Facebook for Instagram weren’t looking for the Next Big Thing; they were looking for a social media service that their parents and teachers didn’t use. The kids who were technophiles discovered Instagram and the others followed their lead. They endured the hassle of learning a new service and re-establishing social connections, be... See more
10. Sub $10k transactions command ~90%+ of the frequency of transactions for NFTs. There were ~750k active buyers and sellers for NFTs in the past quarter.
Only 17.9% of DAO treasury funds came from centralized services, while the remaining 82.1% originated at decentralized services. This suggests that most DAO contributors also engage with DeFi platforms and likely self-host their cryptocurrency.