Understanding Mainstream Culture Essential for Success in Crypto Industry

According to BlockBeats, Nick Tomaino, founder of 1confirmation, expressed on X that many individuals in the crypto industry focus solely on internal matters, creating a closed circle. He noted that numerous people amassed significant wealth by being in the right place at the right time, leading to a natural desire to replicate past success models. However, he emphasized that such times have ended. Tomaino highlighted the necessity of truly understanding mainstream culture and its intersection with the crypto industry. He pointed out that the current crypto landscape is characterized by increased awareness, capital, and competition, making it difficult to succeed by merely following trends. He provided an example regarding the development of blockchain games, stating that a comprehensive understanding of Web2 games is essential. Building blockchain games based solely on previous models like Axie is insufficient, according to Tomaino.