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Jan 29
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AVOID
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"I got blackpilled... there's absolutely zero reason that crypto would just win this by default... Roblox to crypto looks very similar to Twitter and YouTube to Farcaster and Rumble." The "Metaverse" thesis relies on network effects. Roblox has 111M DAUs; crypto metaverses have negligible activity. The speaker argues that users do not care about decentralization; they care about where their friends are. If the "next generation" is already financially indoctrinated into Roblox's centralized walled garden, the thesis for "Open Metaverse" tokens collapses due to lack of user migration. AVOID (or SHORT if active trader). The incumbent has already won the war for attention. A sudden shift in Roblox policy that alienates creators, causing a mass exodus to Web3 platforms. |
Thread Guy
I Exposed The $50B Industry Behind Roblox..
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