Ep 9: Why Network Effects Are (Even) More Powerful In Web3 (NFX Masterclass)
The NFX Podcast
The Social Network Effects in Cryptocurrency
In crypto that is democratized and that there's one unit and that is your token. The value of that token is tied to the health of the product or the protocol. So when the product and protocol is doing right or is doing well the value of the token goes up. And again if used as a tool and a incentivization tool then you have all of the various constituents in your world incentivized to make the token go up. Again where we believe web three founders should start but the trick is that the strongest network effects are actually in the middle.
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