Great questions @Hodlhelper!
Will MyCrypto remain an universal (ethereum) access tool or specialize on certain use cases such as SSI, IP, Gaming, DeFi etc. ?
We literally just had a two-day brainstorming session talking about our long-term goal, priorities, and exploring the potential directions we could go. From the start, I’ve had the goal of making crypto more accessible but we’ve grown and changed a lot since then, we now have a team of 20 people, and I wanted to revisit our thinking and ensure we were still aligned and on the same page.
We didn’t come to a final, end-all-be-all decision on direction but we did learn a lot about who we are, what we value, and how we see the Ethereum space evolving over time. The main thing I want to make sure we do is give people access to the things that are most valuable to them, whether it be DeFi stuff, gaming stuff, advanced / power features, etc.
I know this isn’t really an answer but I can say that we are focused on Ethereum and will remain focused on Ethereum for the time being. We are watching all the different aspects of the space and seeing where we can provide the most value.
Has MyCrypto a roadmap for SSI/DID integration ?
We’re working on our roadmap right now and it likely won’t include either of those in the short-to-mid-term future because we simply haven’t explored it, but I’d never say never.
What will be the competitive advantage of Mycrypto when competition heats up?
Oh this is such a fun one because I am so weird in the way I think about this subject. Right now and in the medium/short term, I think the most value can be created by working together–not competing. The reality is, this space is so small and the problems we have to overcome to get any sort of real traction of crypto as a whole are so fucking large. We need to share resources, expertise, everything, because there simply aren’t enough hands and brains around to waste our time competing with each other.
If I imagine a timeline where we do need to compete viciously, I think our dedication to the end-user will win over super nifty features or crazy smart-contracts or code. Building a product that makings people’s lives better / easier / more remarkable requires a comprehensive approach and you have to have all the things, not just some of the things.
Which will be the major revenue streams for MyCrypto other than referrals?
Again, there are a lot of ways to make money. Some require or become easier with heaps of users and some don’t. The most obvious one is to continue / expand monetization around integrations with decentralized exchanges or dapps / smart contracts or staking services where the user is making money.
Ideas that we’ve had that may be a bit more unexpected: have a secondary business model that supports keeping our core product free and open source (e.g. something around our amazing infrastructure set up?), consulting type stuff, etc.
Most realistically, we will monetize around features, integrations, premium experiences, etc. and especially focus on places where the user is directly making money so there is still a clear ROI for the user and we aren’t just making them pay for random stuff that may or may not be valuable (e.g. transaction fees, freemium model, etc.)