managing your fav crypto brands - I build content strats & simplify RWAs - animating stuffs with si 😗 foxy's adopted son
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Joined June 2022
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attorney general Liz, just filed a lawsuit against kalshi, polymarket, robinhood, coinbase & gemini against illegal gambling operations.
she claims that their event contracts on sports, awards & election violates state gambling laws.
these companies has been order to halt operations in louisiana.
it's always women everytime, what do y'all want? 😂
Dεrriςκ retweeted
hey billionaires, we want to hear from you.
we’re opening up one-on-one calls with members of the @SpoutFi community who want to share their thoughts, ask questions, or simply have a conversation with the team.
whether you’ve been testing Spout, have concerns about the product, want to share feedback, or are curious about the bigger vision we’re building towards, we’d love to hear from you.
it’s an opportunity to speak directly with the founding & marketing team, tell us what you think, what you’d like to see improved, and what you hope Spout becomes.
and if you’ve never tried the Spout testnet, that’s perfectly fine too. slide into my DMs, and i’ll get you a private access code.
no formalities, just honest conversations.
if you’re interested, my DMs are open
Dεrriςκ retweeted
the possible reasons for stablecoins redemption are:
> increase in level of poverty:
peeps needs to redeem their stables to cash to cover expenses due to shrunken income source in real life.
> rise in level of panic:
people are scared of losing their funds due recent exchanges and wallet hacks.
in addition, we have CEOs saying that everyone will get hacked at some point.
> poor performance of crypto assets:
crypto assets haven't been performing well so people that kept their stables to buy dips have seen continuous dips so they decided to opt out.
> collapsing of yield incentives:
stablecoins grew earlier due to yield sharing rewards when people lock their stables in a vault.
a reduction or decline in this rewards could make them to pull out.
this is my personal opinion & suspicion but there's likeliness that this will be one of the reasons.
have you ever redeemed your stablecoin to cash in the past 30 days? what's your reason?
the possible reasons for stablecoins redemption are:
> increase in level of poverty:
peeps needs to redeem their stables to cash to cover expenses due to shrunken income source in real life.
> rise in level of panic:
people are scared of losing their funds due recent exchanges and wallet hacks.
in addition, we have CEOs saying that everyone will get hacked at some point.
> poor performance of crypto assets:
crypto assets haven't been performing well so people that kept their stables to buy dips have seen continuous dips so they decided to opt out.
> collapsing of yield incentives:
stablecoins grew earlier due to yield sharing rewards when people lock their stables in a vault.
a reduction or decline in this rewards could make them to pull out.
this is my personal opinion & suspicion but there's likeliness that this will be one of the reasons.
have you ever redeemed your stablecoin to cash in the past 30 days? what's your reason?
Dεrriςκ retweeted
every small account that grew in this era utilized their creation stack.
> how consistent they are
> how and what they post
> how sharp their replies are
> how they show personality
> how they prove they know their shit
I really suck at the 1st and 4th one, what about you?
Dεrriςκ retweeted
I have been in the Web3 space for 3 years now and one thing this space has taught me is evolution.
People who knew me when I started becoming intentional about my brand on 28th June 2024 would know that I started as a content writer.
In fact, I called myself a creative writer and storyteller. That was what I was building and what people knew me for before I transitioned into KOL management some months later, then growth marketing towards the end of last year.
During these transitions, I lost some of my audience and engagement but that didn’t stop me. I had to evolve.
I had to understand that growth sometimes requires you to change what you’re doing, pay attention to what’s working and make adjustments.
That’s something product growth also requires.
So, you might want to ask, “What is product growth?”
Product growth goes beyond getting new users. You need to understand how people use a product, what they come for, what keeps them around and what makes them leave.
You need to understand the product, its users and the problems they’re trying to solve. Then identify what’s working, what’s not and what needs to change.
For instance, a product might attract thousands of users but have very few people complete their first transaction. You need to find out why and work on fixing it.
The same applies to retention. If people try a product once and don’t return, you need to understand what’s stopping them.
This is why product growth involves more than marketing. It requires understanding user behavior, studying data, identifying problems and working on solutions.
Let’s use an example: MySpendaApp
Tobi downloads MySpendaApp to convert USDT to naira. He completes his first transaction but never returns.
What did Tobi just do?
Downloaded the app - acquisition
Completed his first transaction - activation
Returns for another transaction - retention
But what happens if he never returns? You need to understand why. Is it the fees, exchange rate, transaction experience or something else?
That’s product growth: understanding what users experience, identifying what stops them from getting value and fixing those problems.
There’s also distribution, which is a huge part of acquisition but I won’t go in depth into that here.
With this, we can see that acquiring users doesn’t tell you whether your product is growing. You need to look at what they do after they arrive.
