Because they currently lose money for every token sold. They’re operating at a loss to generate a userbase so that they can monetize later. They’re currently in the pre-enshittification (I still don’t like that word) phase where they want to offer a good product at a loss and lure in customers, not phase 2 where they monetize their userbase.
Because they currently lose money for every token sold. They’re operating at a loss to generate a userbase so that they can monetize later. They’re currently in the pre-enshittification (I still don’t like that word) phase where they want to offer a good product at a loss and lure in customers, not phase 2 where they monetize their userbase.
and? How do you not understand that more money is better for them even if they’re not in the black, yet?
Two things can be true at once.