What's your biggest frustration today as an onchain / web3 user? 1. Not enough stuff todo 2. Hard to discover 3. High gas fees 4. Other
3 + the friction/scaryness around signing, totally get that permissioning is moving towards a 'sign once' approach though
All three for me. Regarding 1 & 2, it's really hard to discover what *real people* are doing and building in the space, because there's so much spam / manipulation.
1 we need more brands (like reddit / nike / starbucks) creating experiences around digital assets need more web3 companies to focus on brand partnerships and onboarding brands (who will in turn onboard retail users)
not enough to do. sometimes i think 'i should do more onchain stuff' but then can't think of anything.
3. on Ethereum but not a problem on L2s. I also don’t think 1 is a problem for my usage. Mainly use crypto to invest long term, so I simply DCA once a week. 4. would be great if there was more onboarding solutions, especially without any fees.
Its 2 and 1. Agree with @matthew and hence, building a social discovery product to find real friends via existing social onchain activity. proof of sociality. Will release v1.0 in next two weeks probably.
1. Lack of meaningful prioritization of financial privacy 2. High gas fees 2b. Too much happening on L1, not enough on L2 3. All of the above
1-3 + 4. base token volatility 5. poor ux 6. spammers and scammers 7. bad reputation/lack of understanding for non-crypto users
Not enough to do. When I go explore a new L2 ecosystem I'm easily underwhelmed with the app options. It's a lot of deep defi things that I'm not comfortable dealing. Waiting for that first initial wave of normie apps
1 mainly. Also, haven’t felt as concerned about unfriendly US regulation as I do now, which has implications for how much attention and money I want to continue to invest in crypto stuff
Not enough 10x/100x use cases for mass adoption. Feels like as a form of value exchange is still the best use case as seen in developing and 3rd world countries (eg: Argentina), but not the same with developed countries.
Wallet insecurity. “Just get a Ledger” they said…it’s hard for the average person to keep up with best practices.
Projects talk about wanting to onboard new people, but often don't connect with what that really means or looks like. And therefore aren't really willing to invest into the work needed because it's often not as sexy as great art, innovative dev stuff, etc. Shows how early we are, I think.
4. Jargons The industry’s obsession with crypto native jargons to communicate anything is annoyingly obvious.
1-3 + complicated/intimidating on-ramp for newbies, bad wallet UX when interacting with apps (especially mobile), too many grifters and bad actors (phishing, scams, etc.)
a) There are many scammers/bad actors. b) Costly to on-ramp/swap/bridge c) Costly to make transactions d) Lack of dominating solutions (solutions that are really better than Web2)