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Brands and Budgets Win Early Bitcoin Ordinals Races
I remember when Ordinals on Bitcoin first launched — there was a sprint to build a marketplace. I was building one for a client and finished at the same time as ME.
Their team, renting an Airbnb villa, produced a slightly better product than I did from a dark apartment with energy drinks. Several teams finished earlier than us, but ME ultimately dominated the space with their budgets and established brand.
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Analysis
My experience demonstrates that execution resources, marketing budget and an existing brand can trump being first to market in nascent crypto product races. Even technically competent small teams stru...
Recommendation
If you’re building in this space, prioritize clear differentiation, strategic partnerships or fundraising rather than just speed; otherwise watch incumbents and look for niche opportunities to avoid d...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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