Namik
π€ SpeakerAppearances Over Time
Podcast Appearances
But I think that's actually short-term thinking because the way Mega grows is by letting everyone come and use Mega for as cheap as humanly possible.
I think that's one of the main reasons why Solana was actually able to provide such a good value proposition for users, right?
Like, you know, Pump was initially in the blast ecosystem.
But the second there's like a thousand people launching meme coins on last, right?
Last maybe would get expensive.
Again, I don't remember the exact last configuration, but that's more or less what happens if you use like EFTA and a couple other statements, right?
But yeah, I think our opinion was, hey, we want to be as cheap as possible.
We want to get like cheaper over time so we can get more users as opposed to get less users as we become more successful.
And in that scenario, we basically said, well, we need to more or less find a way to make gas consistent and run it at cost, right?
Not really make any money on it.
I think the second point is like, well, okay, how do we make money as a chain, right?
You know, I think like the error of like, you know, launch a token for the sake of having a token and just like, that's done.
So you kind of need to build some sort of like real business model.
And we kind of came down to stablecoins.
I think that's what we have now.
We plan on building more first party applications in the future.
But a general thinking is, hey, we have worked on, you know, stable core.
We've worked on building a bunch of apps or facilitating a bunch of founders to build cool apps.
How do we find a way to have like a win-win where we can, you know, earn off of their success, right?
Without necessarily like A, hurting their users by having fees that are expensive or B, you know, in any way, shape or form, messing with their economics.