Making Markets

Christian Dittmeier: NFTs for the Masses - [Web3 Breakdowns, EP.66]

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Apr 14, 2023
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INSIGHT

Decentralized Data Still Gets Centralized

  • Decentralized on-chain data often gets centralized by builders who index it because developer tools and APIs lag.
  • Flow listings living on-chain simplified ingestion compared with Ethereum where listings sat behind rate-limited APIs.
INSIGHT

Community Beats Pure Speculation

  • Strong NFT communities form from shared interest and social relationships, not just investment motives.
  • Social features and one-on-one trading strengthen community stickiness and collection value.
ADVICE

Recreate Card-Trading Social UX

  • Build swapping flows that let collectors chat, negotiate, and trade peer-to-peer to replicate childhood card-trading dynamics.
  • Target low-fee blockchains so small-value trades make sense and friction stays minimal.
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