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@0xNairolf Thật ra thì cái gì ra trước mà đã tạo được network effect rồi thì khó đấm lại lắm, trừ khi mình tự phá chính mình thôi 😄

@0xNairolf network effects are too sticky

@0xNairolf first movers pretty much always stay at the top

@0xNairolf very few of them lesson in that

@0xNairolf It’s crazy how few challengers truly succeed in overtaking leaders.

@0xNairolf the real moat is liquidity and lindy once a protocol survives a few cycles it becomes the default

@0xNairolf which one came closest in your view? most got the timing right but the execution fell apart

@0xNairolf the original gets embedded everywhere before the killer even ships

@0xNairolf Liquidity compounds before rivals ship

@0xNairolf means most "killers" are just marketing noise the real moat is liquidity and lindy effect

@0xNairolf first mover moats are real, liquidity just keeps compounding for them

@0xNairolf yeah, first mover advantage is stronger here.

@0xNairolf It's so important , also because just because they aren't first movers but also good at getting the attention

@0xNairolf it's always very rare fr

@0xNairolf Infofi too.. none did it like kaito

@0xNairolf True but not in all cases. dydx - Hyperliquid

@0xNairolf $UPEG

@0xNairolf True killers remain rare because first movers own the deepest liquidity and habits.

@0xNairolf EtherDelta Never forget

@0xNairolf first movers don't just die off, they get chipped away slowly

@0xNairolf the killer usually becomes the original's distribution

@0xNairolf Lindy effect wins

@0xNairolf what’s the closest example you’ve seen where a killer actually pulled it off?

@0xNairolf Learned a lot, thanks for sharing.

@0xNairolf i have another one, you might want to check it out👀

@0xNairolf does that hold up across cycles though? crypto moves so fast that the first mover advantage might just be a bull market illusion

@0xNairolf copy just a copy, not many can kill the real

@0xNairolf A better product can win attention, but actually pulling liquidity, builders and users away from the incumbent is a much harder game.

@0xNairolf Actually a lot if not the most! I think people didn't realize super early days of crypto how many attempts there were before one actually took off

@0xNairolf thisssss basically why I dont think any new chain would wanna replicate rh playbook

@0xNairolf Not only that, in most categories it’s usually 1st mover, aggressive 2nd placer, and a big drop off after that The two biggest competitors in each crypto category typically take up the vast majority of attention/flow