Most projects have too many speculators and no live products and till live products will show product market fit and real demand
21 Mar 2023, 03:07
Most projects have too many speculators and no live products and till live products will show product market fit and real demand for the utility more years will pass. Speculators are short and max mid term thinking and rarely long term. In a few years many projects in the web3 space will not exist anymore and the ones that grow, show product market fit, have real use for the utility will be the heros with incredible gains and where the predictions of the past then slowly will make sense.
We have a huge discrepancy inbetween to overcome for the ones with at least already working products but with still too many tokens in the hands of speculators.
The stock market is different. Till a product gets listed there a product has product market fit. Tesla is a big company that already raised a lot of money before getting listed. It has people buying cars, the company made revenues before IPO. One person who has Tesla stocks must not have a Tesla.
HOWEVER, we in the web3 space said we are different and our tokens should be real UTILITY and used in the products!!! That’s why we all claim to be not a security token!!!
A very small amount of projects can proof this and in the end we all SHOULD be able to proof it and our path should be different then in the traditional company way, OUR USERS SHOULD IDEALLY DOMINATE THE MARKET and not speculators.
WOM is still some years away to grow the whole Protocol layer economy to where it should and will be in the future.
- BULLZ as a best first test case to grow its product range and ecosystem
- WOM Protocol to put more of its mechanics on the Blockchain (infrastructure decisions how this can work in a multichain approach!)
- More apps and publishers and platforms that integrate the Protocol to help their users and themselves to monetize
- development/partnership of specific Oracle technologies to prevent Engagement fraud
- OVERALL crypto and web3 adoption with A LOT of education of all the people out there on this planet
BUT AGAIN:
compared to other web3 companies with a lot of hot air and many pure promises - WE ARE REAL, we have real users every day and see the early seed of product market fit already happening and growing.
This is why we are proud and also this is why we are passionate about it and even the team not accessing or having any token yet. We are here for the MARATHON! Long term play!!!!