1/🧵
What is a $14 trillion opportunity that cryptocurrency is missing? This comes in the form of subscriptions. It is a market that exploded yet cryptocurrency is on the outside looking in.
1/🧵
What is a $14 trillion opportunity that cryptocurrency is missing? This comes in the form of subscriptions. It is a market that exploded yet cryptocurrency is on the outside looking in.
https://leofinance.io/posts/taskmaster4450/subscription-services-14-trillion-opportunity
2/ We need to fully develop this market. When you think about Netflix, Amazon, Spotify, and others, they all have monthly billing. Hell, one of the oldest using this model is insurance companies.
3/ Is it any wonder that these corporations are some of the largest? We are looking at a market cap of 8x for companies that have recurrent paymnets.
4/ Right now, #crypto has nothing in this realm. We are looking at the need for credit based transactions, like credit cards. Here is where developers need to build infrastructure.
5/ The estimated market cap companies engaging in this is about $14 trillion. 35% of the companies in 2020 offered these services. Here is the opportunity for entrepreneurs.