4 sats \ 0 replies \ @TheBTCManual 13 Aug 2023 \ on: Are wallet companies sustainable? bitcoin
The total addressable market is huge so I think there is still a lot of room for interesting business models in wallets, will all make it? Absolutely not, so far wallets can offer
- LSP services at a fee
- CoinJoin services at a fee
- Atomic swaps between BTC and L2s at a fee
- Subscriptions for multi-sig
- Fees on synthetic products like backed USD
I think its all about your churn and how long you can retain a user to keep netting fees from their use of services