"Nobody knows this, but I'll share it on this podcast." Pudgy Penguins' @LucaNetz just disclosed that Igloo built an instrument to list crypto tokens directly on the Nasdaq or NYSE, structured as a security so protocols can pay revenue back to holders. 🐧
Read more: https://t.co/7uWcRALROj
I have rarely seen such a useful tool managed so poorly. It should be easy to realize that there are no similar tools out there. Nansen is a great product, but it serves a completely different purpose. In this era of do-it-yourself building, where new dashboards appear every day, competition is extremely intense. The first negative point was removing the retail side of the product to focus only on companies. Whoever made that decision should be fired immediately. This is crypto. Today, the retail side is stronger, and your demand comes from there. The plan to hire many analysts could have made sense even in the AI era, but once again the market reading was terribly wrong. What Messari should do now is reclaim the retail side, release more modern features like integrating prediction markets related to the topics they cover. The focus should remain crypto. There are so many things they could do to recover from this situation. They just need to hire creative, onchain-native people.
Gm fam ☀️
What a great day…again!
Today marks two years! Two years of adventures, two years of emotions, two years of dreams, two years of reality, two years of friendships, and two years of penguins.
I officially bought my first penguin on May 18, 2023. A few months after the start of Luca Netz’s administration. Only recently have I strengthened my collection with two Pudgy Penguins and as many Lil Pudgys. Great milestones are yet to be achieved, many of which involve getting this account followed by @LucaNetz and @pudgypenguins .
Ad maiora