@hedgefundsuit Not sure of the word but I remember reading about it in a business class. Consumers associate quality with price and can let paying more cause them to feel better about what is being purchased.
@yash_tek Discord is a wonderful product that delivers great value to users as is. Perhaps it would be nice for such a useful system to be "ownerless", open source, and somehow fund itself, but that doesn't seem feasible to me with what's available in crypto atm.
One of the biggest realizations of ETHAmsterdam is that application developers and protocol developers are in two completely different worlds of crypto
Each one doesn’t understand the other, but really need each other to be successful
Are you a creator, builder, artist or developer? Do you want your work to be featured at our next in person event?
Reach out, we'd love to see what you'r working on!
@JadeProtocol Wait, so everyone is just buying this because price go up? We don't even know what the ultimate value prop to participants of this protocol is and what economic purpose it serves?