to developers, so let’s look what will happen. I agree with Shah that without dapps people won’t come. LYX is not stocks but a utility token.
So next, how can we attract developers? I believe the only direct way is through incentives. However, the tough financial situation, it might take time to see significant adoption unless we get financial support(like VC).
So, what can we do in the meantime? The answer is precisely an advertising strategy that makes it easy for the mass audience to understand our presence.
SUI had abundant funds, but I think what made it popular was the number of people who effectively communicated its technology.
This is exactly the network effects thanks to marketing.
There’s already a ton of work that has gone into nurturing the dev economy! A lot of dApps are building on Lukso and in a few months we shall see the impact. Web3 messaging services are coming. Secure P2P messaging is one of the most important needs for our privacy today! Coming soon on Lukso! StreamGate launching a cool way to incentivise Spotify views - unlocking a use case never even dreamt about using blockchain! The Grid bringing together all social media sites like a linktree but better helping to bridge web2 social and web3 smart accounts with digital identities!
Yes, in particular StreamGate will be a huge one I think!!
You wont see any impact before they start to target right audience.
My personal belief is once the tech is out there, the marketing would be more effective. Getting influencers to promote real use cases is a more effective use of funds than them speaking generically about a technology that is too complicated for most to understand
When is the tech out?
good question, when?
And they are waiting for what tech? First it was website, now its mobile app, next is the grid and after that. What will be excuse to start marketing? You have to start marketing with KOLs now. Let people know Lukso exists, draw some attention to this project. Let them know something is building on Lukso, new tech that should solve some problems. There is no real excuse to not do it now.
I don’t have a problem with your point of view. But Have you spoken with some of the projects developing on lukso? It’s very hard for them to survive. The strategy that lukso uses “focus only on developers” is very difficult. you give them LYX to pay them to develop but they can’t sell due to the liquidity. LUKSTA is not that motivated anymore as he was months ago.. developers from universalpage.. don’t see any revenue on lukso.
Universalpage is the BEST marketplace in web3. So shah where are the users? Because the tech is out.. you will see that more is needed then just releasing a project. Mark my words in 5-6 months 😉
NFT demand has dropped to 0
LUKSO should target devs who want to tap in on the next billion users via user-centered dapps, as LUKSO's main selling points are saving time and money, by having sophisticated standards Building a dapp on LUKSO is significantly faster than on Ethereum, allowing developers to save both resources. They could position themselves for that, since saving money and time sell best. Especially if those devs wanna create dapps that focus on Normies who won't care if it's a blockchain they're using anyway.
do you have any idea how many devs are building on Lusko?
I do :) https://x.com/s_ruetti/status/1847687407555981537?s=46
the tweet does answer the question
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