Here's something I'm pretty clear on: you can't build something for a full year and expect to survive without hitting profitability at some point.
I mean, think about it. Whether you're developing a protocol, launching a platform, or running a service—resources don't last forever. Energy, capital, talent—it all gets consumed. If your operation isn't generating real returns or at least demonstrating a path to sustainable economics, you're basically just burning runway.
The successful projects we've seen in crypto all share this trait. They figured out their monetization early, even if it evolve