2023 Predictions From Deidara | Bad time, Good time mirror.xyz/0xdeidara.eth/bbVjoA1VoBLFGKpJVkOFim2vxurX3K5d4ORFARYI8Y0
“Fine art is the beauty of that single fleeting moment of explosion.” Hope you’ll be ready
. @y00ts.lens announced to Polygon is a major decision for the future ahead. Meanwhile, the handle y00ts on @lensprotocol, the most innovative decentralized social media backed by the Aave team, is on sale. Wonder if any believer of y00ts will take the lead?
Trading Volume shouldn't be the only criterion to evaluate an NFT project, especially PFP NFT.\n\nIf everyone is so passionate about their PFP and wants to keep it (both for the picture and join the community), why is the trading volume of top PFP always on top? \n\nWe have people who want to join the community; on the other side, the PFP project must keep its collection volume on top to receive awareness. \n\nThis contradiction is due to the reality that:\n\n- The PFP NFT space is heavy speculation because the trading volume is so easy to pump. \n\n- The community is only enjoyable to a few (if you follow a discord close enough, remove all questions, we can only see some familiar faces) \n\nThis is a lesson for other PFPs want to be success in the space. \n\n1. If you can not think of a new index to represent the popularity of a PFP collection. Deal with it and hire an NFT MM team. \n\n2. NFT x Products. If the community has the same goal, they can be connected more than ever. This is why Yuga creates its metaverse project. Yuga has a lot of PFP collections, but the communities are silos to each other. If they can have the same goal (making money on Otherside, building the metaverse,...), the silo will break.
Maybe the landscape will be similar to DeFi today. Only a few will attract users
The Daily dose of @lensprotocol #3 - For builders
The "Users own social graph" concept of @lensprotocol + the "Open-source" nature of blockchain will affect how teams build their social dapps.
The "Open-source" nature of blockchain will make building social networks much faster and easier. We may see many "Twitter", "and Facebook,",… that built on Lens soon. "Users own social graph" allows users to move to whichever home they like.
Both will encourage teams to build the best product they can and use their creativity to bring unique features. If your product is not good and continuously developing, the project will lose its users.
Another aspect to consider is whether we need 5 or 6 apps like Twitter; 10 or 11 apps like Facebook. The competition is good for boosting the ecosystem's growth, but too much of a good thing is harmful!
We might see the shifting from general social media to specific social media at a more profound state. It's not just like having Twitter, Facebook, Only Fan, Linkedin,… It's like having a Twitter focus on finance with a specific extension. This will create a community with the same interests; and the best thing is they can go anywhere they like with their followers intact.
The Daily dose of @lensprotocol #2 - For users
Once users own social graphs, they can use them on different platforms. Imagine how much time and effort an user could save if their YouTube followers automatically followed them on Instagram when that user created a new account.
With @lensprotocol, you can carry your follower with you when you use another dapp. If a user's content is not accepted on one platform, they can easily switch to another social network with the same number of followers.
This creates flexibility as apps can moderate content accordingly without causing a major loss to the user.