Biggest challenge in Web3 for growth and user acquisition?
Mert Deveci
4 replies
Though web3 gets a lot of hate, I think there is value in proper products as they prioritize autonomy in finance and ownership in gaming so you do not spend money in subscriptions that go into a black hole.
I think the largest problem, as with every new startup, is that web3 companies need to take their products to the consumer somehow. This begins with showing up in front of their eyeballs.
That is why we are building Godmode (https://www.producthunt.com/posts/godmode-3) and launching it publicly with a free plan today. All we are looking for is basically feedback.
We packaged a lot of insights like average value of holder wallets and cross app usage to be easily digested. When you think about it, these kind of insights would be the dream of a marketer trying to acquire users in Facebook and Apple Search Ads. However, those companies will never and would never open up their data to show these insights.
What do you guys think?
Replies
Neal Woolery@nealwoolery
Closing the information gap and popularizing blockchain and crypto technology is Web3's greatest hurdle for expansion and user acquisition. In addition, there are significant obstacles that must be surmounted in order to provide safe, private transactions and handle the scalability concerns inherent in blockchain technology.
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