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Distributed applications running on chain have literally just started. Enormous opportunities there. Already multiple huge apps such as: Uniswap, Opensea, Make
by kranke155 4y ago
Distributed applications running on chain have literally just started. Enormous opportunities there.
Already multiple huge apps such as: Uniswap, Opensea, MakerDAO, Compound, Balancer, Curve. A lot of small stuff that could grow like Opulous. Lots to be built. Huge field of opportunity.
- Bubble_Pop_22 4y agoThey are all priced for perfection. Meaning priced for complete replacement of the legacy financial system. If it happens you get to keep your money, if it doesn't you lose them all. You can't make money by betting on something with a valuation of 800bn which is the cryptospace. The cryptospace as a whole you cannot make money from anymore, the only thing you can make money from is betting that the marketcap of old coins such as BTC will flow into new coins such as ETH. But that if you are gonna do that, then it's better to just do it on the stock market, by betting on new companies replacing old companies and taking their marketcap
- kranke155 4y agoI’m not talking about buying tokens personally, but of actually building something in the space.
- Bubble_Pop_22 4y agoSame thing, you'd be looking at a zero-sum game. The time to invest and also build is when new people and new money are coming into the game , not when everything is cooling down and the early winners enjoy their lead. 2014 was not the time to build a social media company, it was the time to build a social media presence.