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William Mougayar Quotes
William Mougayar Quotes
William Mougayar
Canadian
Businessman
Blockchain
Business
Internet
Own
Will
You
Related authors:
Craig Bruce
Garrett Camp
Guy Laliberte
Maurice Strong
N. Murray Edwards
Ryan Holmes
Tobias Lutke
How do we create new value? You create value by running services on the blockchain.
William Mougayar
You
Value
Blockchain
Running
New
How
Create
Services
As we prepare to enter the cryptoconomy, undoubtedly it looks fuzzy, foggy, risky, buggy, uncertain and unproven, but so did the Internet in 1995.
William Mougayar
Internet
Enter
Foggy
Fuzzy
Uncertain
Risky
Looks
Undoubtedly
Did
Prepare
If your user base engagement is fledgeling, a token may not be the panacea unless it is properly threaded into the product, and user behavior is accompanying the token utility.
William Mougayar
Behavior
Unless
Properly
Accompanying
May
Product
Engagement
Your
Token
User
Base
Utility
Panacea
The token itself is not your new business model. What the token enables for you and for your users is the key part to focus on.
William Mougayar
You
Business
Key
Focus
Part
New
New Business
Enables
Itself
Model
Business Model
Your
Token
Users
A blockchain-based startup could have a product/service as part of what they are developing, but their stride is best hit when they are also creating a self-sustaining circular economy that is supported by their own currency or tokens and where there is a transactional loop between earning and spending these tokens within their ecosystem.
William Mougayar
Best
Own
Startup
Stride
Earning
Spending
Circular
Could
Part
Developing
Supported
Between
Economy
Ecosystem
Also
Loop
Within
Hit
Currency
Where
Creating
Most blockchain platforms don't share that much in common, resulting in choice lock-ins, lack of interoperability, and potentially dead-ends that are hard to untangle.
William Mougayar
Blockchain
Potentially
Resulting
Share
Most
Lack
Common
Much
Choice
Hard
Platforms
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