$DOGE
$SUI
$HOT
An influential analysis of what are known as “two-sided markets”: platforms that bring together two groups, each of which needs the other, such as buyers and sellers, or skilled workers and people seeking their services. Tirole received the Nobel Prize in Economics in 2014.
In these markets, the platform becomes more valuable to each group as the number of people in the other group grows.
That’s why new platforms face the “chicken-and-egg” challenge: buyers won’t come without sellers, and sellers won’t come without buyers. The most successful platforms are those that know how to get the cycle started.
This post is for Spot trading only. Please avoid futures contracts and leverage, as they involve religious concerns and high risks.
Your decision is your responsibilityp
Don’t forget to follow, my friends
$SUI
$HOT
An influential analysis of what are known as “two-sided markets”: platforms that bring together two groups, each of which needs the other, such as buyers and sellers, or skilled workers and people seeking their services. Tirole received the Nobel Prize in Economics in 2014.
In these markets, the platform becomes more valuable to each group as the number of people in the other group grows.
That’s why new platforms face the “chicken-and-egg” challenge: buyers won’t come without sellers, and sellers won’t come without buyers. The most successful platforms are those that know how to get the cycle started.
This post is for Spot trading only. Please avoid futures contracts and leverage, as they involve religious concerns and high risks.
Your decision is your responsibilityp
Don’t forget to follow, my friends
