Mainstream Use Cases
Currently, Web3 is still on a journey to discovering actual market-fit products. There have been projects displaying solely owning their NFTs as utilities with no other use cases other than joining the community on Discord.
There was a time the Medata illustrations were on the high. However, this was short-circuited as most people did not see the need for it. Similarly, some targeted audiences could not afford an Oculus or the current Google Vision Pro.
Large businesses, firms, and banks are not yet included within the Web3 landscape because there is yet to be a use case that will be enticing enough for them.
On another note, Web3 is mainly targeting the youth in practice, which is not on par with the goal of decentralization. We believe Web3 should be attractive enough to everyone irrespective of their age or social class.
That is the road to mainstream adoption due to product market fit use cases.
This is the goal at Lovely Finance Incorporation as well. We intend to execute the Ocean Blue Strategy by onboarding those not yet within decentralized finance's perimeters.
After critical research, we discovered this goal is only achievable if we have products that solve the actual mainstream problems. On this note, we decided to take DeFi beyond the confines of the degens and into the nooks and cranny.
Our research team is constantly in touch with people from all spheres of life to build product suites they would use without hesitation.
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