1confirmation Founder: Crypto Innovation Needs to Integrate with Mainstream Culture, Simply Replicating Early Models No Longer Works

Nick Tomaino, the founder of 1confirmation, stated on X that most people in the crypto industry are focused only on the internal aspects of the industry, creating a very insular community. Many have gained immense wealth simply by being in the right place at the right time, so the desire to replicate past successful models is natural. However, that era is over. It is now crucial to truly understand mainstream culture and how the crypto industry intersects with it. Today's crypto field has much more awareness, capital, and competition, and merely going with the flow is no longer sufficient for easy success. For instance, if you want to develop on-chain games, you need to have a comprehensive understanding of everything about Web2 games and build on-chain games based on that knowledge. Simply replicating the Axie model is far from enough.