Tim DraperFounder and Managing Partne, Draper Associate · I back the ideas that look crazy first

🏸➡️🌐 Badminton vs. DeFi: Market Sizing Insights #shorts

4 May 2024 · 1 min

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This content was created by Tim Draper. This content was uploaded by Tim Draper. This is a YouTube short titled "🏸➡️🌐 Badminton vs. DeFi: Market Sizing Insights #shorts" (created 2024-05-04T13:00:29Z). It contains a brief dialogue between two speakers about market sizing for a Web3/DeFi offering: one speaker asserts—citing Wikipedia—that more people play badminton than participate in DeFi, using that comparison to argue there is significant room for mainstream growth. They discuss targeting both Web3 users and traditional brands (gaming, automotive) that are testing Web3 and need accessible on-chain data.

How big is the market for something like this? Or have you even done market sizing?
Do you know that there is more people playing badminton worldwide than people in DeFi? So that goes a long way to tell you how—
How did you know that?
It's one of the things I know.
How did you know that information? One of the things I know. Where do you read that from?
I read it on Wikipedia.
Anyway.
And so that goes a long way to tell you how there is still a big margin, how this market can become so more mainstream. We're targeting not only pure Web3 players, but we have also been working with, as I said, traditional brands, gaming industry, automotive industry. They're all testing Web3 and they need on-chain data that it's easy to understand. And that's where we come in.