sikto on Nostr: Thank you for taking the time top respond. In an attempt to clarify what you have ...
Thank you for taking the time top respond.
In an attempt to clarify what you have said, and to further my understanding, I am going to summarize your answers. If I have misintrepreted anything you have said, I apologize, and welcome any clarification.
In response to my first question, it seems that you believe that it is opensats' role to help further the development of the entire nostr ecosystem. That it should seek out the best projects that are aligned with this goal.
You also believe that your VC firm's investment in Primal, can't be successful without a diverse and expansive ecosystem to support it.
You didn't really answer my second question, and once again please clarify if I missed it , but I am assuming, based on what I have read from you before, that Primal presents tradeoffs that are acceptable to you as an investor, because nostr needs an access point for the masses, with the least amount of friction in terms of onboarding people to bitcoin and nostr.
And in response to last question, I am assuming that you don't believe that this presents poor optics, or any reason for people to think there is a conflict of interest? That your invesment in Primal should not be of any concern to anyone who has received a grant?
Based on your answers, and the assumptions I have made, is this the way you see your role, and the roles of opensats and ten31:
1. Opensats (non profit) should be used to build out the ecosystem
2. Ecosystem flourishes
3. Thereby making Primal and my investments more likely to succeed
4. Primal is great for onboarding people to bitcoin and nostr and this is needed and it's filling a hole in the market. Thereby making nostr more likely to succeed.
5. Return on my investment is good, investors are happy.
6. My personal return is good
7. Nostr is successful
8. Everyone is happy
In an attempt to clarify what you have said, and to further my understanding, I am going to summarize your answers. If I have misintrepreted anything you have said, I apologize, and welcome any clarification.
In response to my first question, it seems that you believe that it is opensats' role to help further the development of the entire nostr ecosystem. That it should seek out the best projects that are aligned with this goal.
You also believe that your VC firm's investment in Primal, can't be successful without a diverse and expansive ecosystem to support it.
You didn't really answer my second question, and once again please clarify if I missed it , but I am assuming, based on what I have read from you before, that Primal presents tradeoffs that are acceptable to you as an investor, because nostr needs an access point for the masses, with the least amount of friction in terms of onboarding people to bitcoin and nostr.
And in response to last question, I am assuming that you don't believe that this presents poor optics, or any reason for people to think there is a conflict of interest? That your invesment in Primal should not be of any concern to anyone who has received a grant?
Based on your answers, and the assumptions I have made, is this the way you see your role, and the roles of opensats and ten31:
1. Opensats (non profit) should be used to build out the ecosystem
2. Ecosystem flourishes
3. Thereby making Primal and my investments more likely to succeed
4. Primal is great for onboarding people to bitcoin and nostr and this is needed and it's filling a hole in the market. Thereby making nostr more likely to succeed.
5. Return on my investment is good, investors are happy.
6. My personal return is good
7. Nostr is successful
8. Everyone is happy