The real moat isn't the tech anymore. You can spin up a Virtuals clone in two hours if you know what you're doing.
What you can't clone: users. Distribution. Actual revenue.
If you're betting on app layer plays, stop looking at whitepapers. Start looking at who's actually making money and who has real user lock-in. Everything else is just theater.
What you can't clone: users. Distribution. Actual revenue.
If you're betting on app layer plays, stop looking at whitepapers. Start looking at who's actually making money and who has real user lock-in. Everything else is just theater.