We need to do better at attracting speculators and investors
This is one of the tricky dynamics that we need to navigate.
focus is important.
we’ve focused on getting users in the places that need crypto the most.
this has caused us to have a lot of users and innovate when it comes to introducing crypto to an actual new audience.
however, we must also be cognizant that crypto is also a game where you need to attract speculators and investors and those are often a different archetype than people who actually want to use crypto everyday.
in the early days, before we had any users, we focused a bit on this, hence our partnerships with Samsung, Ubisoft, Aave, MakerDAO, and Kakao. once we got users, we focused perhaps a bit too much on building rather than partnering with teams bigger than us like we used to do and which has shown to be a nice strategy for attracting attention.
we’ve gotten users, around 800,000 real users per month based on our estimates around ronin wallet usage and unique identifiers. however it’s not enough and we need to do better at attracting speculators and investors.
one of the good things though, is that more quality teams are building in crypto, attracting users to the space. that’s pve because once they’re in, it’s much easier to attract them to ronin.
in addition, with open ronin, you see teams sprouting up to try strategies on Ronin that can hit a different segment of the evolving market. that’s great to see as well.
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