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This is whats perfect about web3 that most pundits miss It takes the looooong web 2.0 funnels and flips it to a single step: Your customers pay to interact wi
by yieldcrv 2y ago
This is whats perfect about web3 that most pundits miss
It takes the looooong web 2.0 funnels and flips it to a single step:
Your customers pay to interact with your app at all and there is insatiable demand at the beginning, unless you do some boomer-level system design that is based on pretending that a 3 trillion dollar crypto native audience doesnt exist already and you need to onboard a bunch of technophobes.
In comparison, the entire web 2.0 ethos basically sums up to getting a customer to put their credit card into your website for a small charge, as a funnel for a bigger recurring charge later
in web3 all of your users are at the last step at the very beginning. they are even paying for all your hosting costs. they are paying to update your database! and your actual business model of being some form of plumbing with a transaction fee, if you didnt just sell a token collection, is fine and has low overhead costs
this will continue attracting developers and their entire audience in perpetuity because the entire web 2.0 ecosystem cannot compete with that
- lokimedes 2y agoThis must be how it sounds when I preach nuclear power as the be-all, end-all solution to our climate and energy crises. Thank you for the insights.
- yakshaving_jgt 2y agoAs it happens, the people you disparagingly refer to as boomers are often the ones holding the purse strings.
- onetokeoverthe 2y agoYour elders designed and built the system of boxes, chips, wires, cables and tubes this thing runs on.
- yieldcrv 2y agothat doesn’t matter here and it wasn’t really disparaging the only people that have an issue with web3 have a characteristic and typically describe an irrelevant system design that doesn’t factor in the simple reality that users are paying in web3 and wouldn’t in web2.0, the only people having an issue creating web3 apps have a characteristic, for example I just got off a call with someone trying to jump on the web3 bandwagon for hotel reservations - a technophobic audience that should be ignored for web3 ux fictions - and the only people funding broken web2 apps that are supposed to use web3 rails have a characteristic reclaim the term like every marginalized group does
- yakshaving_jgt 2y agoHave you personally launched and made money with any web2 or web3 apps? How much did you make? > reclaim the term like every marginalized group does I'm 34.
- yieldcrv 2y ago8 figures from web3 apps, 6 figures from web2.0 saas apps aiming to do more of both this cycle
- yakshaving_jgt 2y agoThat's impressive. Care to share any more? I'm assuming this is USD? It's curious, because some of your other posts[0] would suggest someone who is a little more price sensitive than someone who has made more than 10 million dollars from their own website. But I'm probably reading this incorrectly or something. [0]: https://news.ycombinator.com/item?id=33415595 https://news.ycombinator.com/item?id=33415595
- yieldcrv 2y agoyes, USD also out of curiosity, in your world why does me saying a third party charge other people money, over two years ago or at any point in time, suggest what you said it would suggest. it would be a matter if other people are price sensitive, for reference if one were looking for something to invalidate or grasping for an ad hominem, doesnt it require interpreting the posting accurately as well at a bare minimum?
- yakshaving_jgt 2y agoNot sure why you're being defensive. In my experience, people who are less price sensitive tend to not think about inconsequential sums. So it was surprising to me to read that someone who has made over $10,000,000 would care about whether or not Calendly would charge for no-shows. Just curious about the thought process. That's all.
- cpursley 2y agoWhat did I even just read? Is this an AI response? I'm lost...
- justmarc 2y agoNo. That's just how "web3" folks talk. I never managed to understand them yet. And I have to wonder if they understand themselves.
- dboreham 2y agoI think it means "if the whole point of your application is that customers pay to do anything, then you short circuit all the typical process of acquiring and monetizing customers". Of course you can still have zero customers nevertheless.
- yieldcrv 2y agothat web3 apps are just optimized web2.0 apps especially with regards to how marketing funnels work to get paid users, further goes on to explain why and how
- throwaway98797 2y agoyou’d have to be crazy to think the onboarding funnel in web3 is easier than web2
- yieldcrv 2y agoif you reduce frictions that existing web3 users actually have then yeah its way easier, have to pay some influencers though and infiltrate a couple discords and get people's attention onchain as well
- throwaway98797 2y agooutside of stable coins and poly market i don’t see anything useful for those outside of crypto plenty of cool shit for those who do things onchain tho
- yieldcrv 2y agoexactly. thats my entire point. there is $3tr+ sloshing around in the crypto economy from crypto natives. just scrap any idea that isnt catering directly to crypto natives. philisters on HN are not our clientele. they’ll never get it and it doesnt matter anymore. but if you are a developer or “BUIDL” er there are unique system designs that are superior than anything web2.0 infrastructure has to offer.