Asymmetry: Uncovering how New Actors in Crypto / Web3 Overcame Incumbents
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Welcome to Eddrick’s Substack! Subscribe now for free to not miss out on future posts about the Web3 space and business strategy! In any industry, incumbents exist in a paradigm where they have managed to capture significant competitive advantages that they are (usually) able to maintain. Strength is drawn typically by adhering to certain best practices that were built in the context of such a paradigm. In our industry in particular, this is arguably more prevalent than anywhere else, since most protocols and projects derive the vast majority of their value from network flywheels. As such, this makes the topic of disruption in our space considerably more intriguing, and we will explore the different ways Davids have overcame Goliath.
Asymmetry: Uncovering how New Actors in Crypto / Web3 Overcame Incumbents
Asymmetry: Uncovering how New Actors in…
Asymmetry: Uncovering how New Actors in Crypto / Web3 Overcame Incumbents
Welcome to Eddrick’s Substack! Subscribe now for free to not miss out on future posts about the Web3 space and business strategy! In any industry, incumbents exist in a paradigm where they have managed to capture significant competitive advantages that they are (usually) able to maintain. Strength is drawn typically by adhering to certain best practices that were built in the context of such a paradigm. In our industry in particular, this is arguably more prevalent than anywhere else, since most protocols and projects derive the vast majority of their value from network flywheels. As such, this makes the topic of disruption in our space considerably more intriguing, and we will explore the different ways Davids have overcame Goliath.