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RE: DTube Fundraising’s experience with VCs (and our next move…)

in #dtube5 years ago

I think the VCs are right, it is too early for Dapps. It's impossible to have a Dapp with millions of users today.

I think dtube should focus on surviving the bear market with only incremental improvements/cheap projects.

Once the markets rises again and the hype comes, VCs will invest eagerly and for a much better valuation.

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 5 years ago  Reveal Comment

No, because people are not used to using cryptos, exchanges, investing in digital money, etc etc...

People have to get a lot more comfortable with cryptocurrencies. When they are not comfortable they can't have fun and use a dapp. Of course for some of us it's alright, we enjoy new things, but most people, unfortunately, they don't.

The only exception is in bull runs and bubbles, when the hype is extreme. This is why I said it would be better to wait for the next bubble.

Anyway good luck with everything, I love Dtube and really root for you guys. If rapid expansion is the way you choose, then I hope it goes well for you!