Namik
π€ SpeakerAppearances Over Time
Podcast Appearances
And in fact, it's the opposite.
If the app becomes more successful, Mega is able to earn more money and users are able to maintain cheap fees.
So we think it's this almost symbiotic relationship.
Again, I think for better or for worse, we keep experimenting and trying new things with Mega, both on the tech side as well as BD side.
Maybe it'll be a complete failure.
I hope not, but it's possible.
Just our general thinking is there's this famous like Einstein quote, I think, which is like definition of madness is to try the same thing twice and expect a different result.
And we just kind of came to the conclusion, well, we have to try new things because I, well, what else are we doing here?
Right.
So, yeah, that's the way we're thinking about economics.
vps which server provider i should use to get the minimum latency to a solana or to a chain validator right so i yeah i think it's simply like you know these are controversial decisions but we think they make sense because it goes back to mega token holders right like if the bottom line is that we're trying to build systems of value like mega token holders i think it's like fair it's it's decentralized in its own way
It basically turns these private value capture options and turns them into almost like a public goods of sorts.
So the value goes back to every stakeholder.
The reason why it's not worth mentioning because you need users, right?
Like no one's going to participate in proximity markets unless people are using Mega, unless there's apps that people want to participate in.
There's a reason why David and Ryan are on Mega Eve, not because they feel guilty after a podcast episode of us, but because there's something you want to do.
And, you know, that basically means that, like, realistically speaking, I don't think proximity markets are going to be this amazing story in the first day of mega being live, because we're going to do a lot of the hard work of making sure that all of our apps go live.
We find PMF of some of these applications.
And over time, people actually want to co-locate with the mega sequencer.
And when that happens, instead of, you know, telling them like, oh, yo, you know, send some money to, you know, a bank account and you can sit next to McGeef in Tokyo or wherever we are at the time.