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A comment on Helium has revenues of $6.5k/month after $365M investment from A16Z. Parent comment

Re:Helium has revenues of $6.5k/month after $365M investment... by stiltzkin on Tuesday July 26, 2022 @12:35PM (#32240538)
The way I see it "Move To Earn" is a new web3 business model StepN gets the credit. It is an Australian star-up who has earn $120 million in the first quarter and pivoted their tokenomics each month. The shoes of StepN as company have not been easy to fill in by the team.
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Re:Helium has revenues of $6.5k/month after $365M investment... by nradov on Tuesday July 26, 2022 @12:40PM (#32240612)
This is bullshit. There is no sustainable revenue model for "move to earn". Ultimately who would pay for it when the investment capital runs out?
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Re:Helium has revenues of $6.5k/month after $365M investment... by stiltzkin on Tuesday July 26, 2022 @12:46PM (#32240691)
Who are we to say there is nor sustainable way?, but in the case of StepN they have been using a ponzinomic way to run it.
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