but important from public relations point of view and overall adoption (which leads to more investors so more income).
I mean, like KDABET, if it’s promising project itself, maybe you won’t get direct money out of it atm, but can be a great step forward in relation to other companies.
For example, I know that some big companies like Adidas, Nike, Apple may rent shop sometimes rent a property for flagman shops and this rent is sooo expensive it eats all profits from selling there. So, also no sense financially. But they receive other profits- Brand image, prestige, people associate them with this places and than buy online more often next pair of shoes.
What I am saying: what if having some of these projects in portfolio worth something more but direct financial gains at the moment?
Just to add some colour. Blockchains valuation most strongly correlate to the square of the size of the active network size. This is Metcalfe's law. It's why ADA is worth more than kadena.
Also, building on a chain is very simmilar to opening a shop in a certain region. You could have the best luxury vintage watches shop in the world, but if you build in a town where most people are barely making ends meet, you're gonna fail. And I think this is what Mike means when he said that if you don't have a good business plan you're gonna fail, that plan also contains the "where part". So for example if we fail, we fail because we chose to build here, because the business plan is very similar to what other launchpads are doing in other ecosystems. Its the type of thing you can say and always be right...
hey andrei that is obvious of course, and can be validated by propbase on aptos
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