#3: Timing to build a Web3 business
Posted: Mon Jan 20, 2025 7:59 am
Get details
Businesses that funded their growth with fungible tokens grenada b2b leads or non-fungible tokens (NFTs) during a bull market may not have made enough money to survive the next bull market. Those not funded with NFTs must find ways to continue building.
Venture capitalists (VCs) will ask for numbers like monthly revenue and churn rates. Some Web3 VCs ask for these numbers even if they don’t apply to token economics. When a bear market comes, monetization becomes even more important.
If you haven’t started building a business on Web3, now is not the best time to start. But now is the perfect time to learn so you can be ready when the next bull market comes...and it will. What you learn now will help you get started later.
Things are cheaper now, so you can easily pick up some NFTs from some communities for some hands-on learning. Choose some tokens that allow you to attend events you want to attend, connect with the right people on Twitter, and join some Discords.
Resources like InPeak can also help. What started as an online learning platform to help marketers and entrepreneurs learn about Web3 has now become a platform on which other communities can build. It has a huge library with 300 hours of educational content covering everything related to Web3. InPeak is also currently creating an option to make it easier to access closed communities by uploading a CSV of wallet addresses or email lists.
Businesses that funded their growth with fungible tokens grenada b2b leads or non-fungible tokens (NFTs) during a bull market may not have made enough money to survive the next bull market. Those not funded with NFTs must find ways to continue building.
Venture capitalists (VCs) will ask for numbers like monthly revenue and churn rates. Some Web3 VCs ask for these numbers even if they don’t apply to token economics. When a bear market comes, monetization becomes even more important.
If you haven’t started building a business on Web3, now is not the best time to start. But now is the perfect time to learn so you can be ready when the next bull market comes...and it will. What you learn now will help you get started later.
Things are cheaper now, so you can easily pick up some NFTs from some communities for some hands-on learning. Choose some tokens that allow you to attend events you want to attend, connect with the right people on Twitter, and join some Discords.
Resources like InPeak can also help. What started as an online learning platform to help marketers and entrepreneurs learn about Web3 has now become a platform on which other communities can build. It has a huge library with 300 hours of educational content covering everything related to Web3. InPeak is also currently creating an option to make it easier to access closed communities by uploading a CSV of wallet addresses or email lists.