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Are NFTs Coming Back? Interview with Blur Founder - Pacman, Blur, Ep. 248
The Blockcrunch Podcast
Professionalization in Markets
Markets tend to professionalize over time, with users evolving from amateurs to professionals. This transition is evident in platforms like Airbnb, stock exchanges, token trading, and NFTs. In these financialized markets, a small number of players dominate the majority of the volume, creating a huge power law distribution. Building for the professionalized segment in these markets has led to the establishment of dominant network effects and strong positions for certain players like Winter Mute in Uniswap. Recognizing and filling the market gap for professional traders has been crucial for success in these evolving markets.
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