ericfj on Nostr: Open sourcing this for a section which likely belongs in all your Nostr app business ...
Open sourcing this for a section which likely belongs in all your Nostr app business plans / pitches:
"Nostr stands to win in the long term because it creates a self-reinforcing cycle of "network effects squared.” Without the constraints of traditional walled gardens, any new viral application built on the open Nostr protocol automatically benefits all other apps in the ecosystem by onboarding new users for everyone. As a result, each development or surge in adoption compounds the value for everyone on Nostr, making it an unprecedented, global engine for collaboration, innovation, and shared growth.
Conversely, traditional social media platforms must compete for users in a zero-sum game."
"Nostr stands to win in the long term because it creates a self-reinforcing cycle of "network effects squared.” Without the constraints of traditional walled gardens, any new viral application built on the open Nostr protocol automatically benefits all other apps in the ecosystem by onboarding new users for everyone. As a result, each development or surge in adoption compounds the value for everyone on Nostr, making it an unprecedented, global engine for collaboration, innovation, and shared growth.
Conversely, traditional social media platforms must compete for users in a zero-sum game."