Best quotes by William Mougayar on Business
Checkout quotes by William Mougayar on Business
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‟ Study how to write smart contracts, which is the basic unit of programming a blockchain for business purposes. It is the equivalent of being taught HTML and Java during the early Internet days. And master how to create assets or tokenize existing ones on a blockchain.
- William Mougayar
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‟ Cryptocurrencies are not evil and are not for money launderers and scammers. They are for entrepreneurs, technologists, change-the-world dreamers, and anyone who believes they can (and will) enable new business models, new types of organizations, and new ways to service consumers and businesses alike.
- William Mougayar
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‟ A new DAO is like a startup. It requires a product/market fit, business model realization, and a lot of users/customers.
- William Mougayar
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‟ The blockchain applications market is unravelling along a segmentation of activity that is spread along two sets of variables: private vs. public blockchains, and new vs. existing business models.
- William Mougayar
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‟ In my opinion, one of the most exciting potentials of the blockchain relate to creating new business models, whether in public or in private settings. In most of these cases, the new models don't care for incumbents because they are mostly on a disruption quest.
- William Mougayar
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‟ Few incumbents will succeed in deploying blockchain applications to enable new business models. The innovator's dilemma will prevail. Even if they aspire to, they must first get their feet wet within their business boundaries.
- William Mougayar
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‟ Big companies do not want to disrupt themselves. All they want to do is improve themselves. They see the blockchain as another IT project. It's going to save money; it's going improve a process here and there. It's not going to change their business.
- William Mougayar
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‟ A token is not a short term carrot, nor a stick for that matter. Just having a token doesn't mean that you have a working business model attached with it.
- William Mougayar
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‟ The token itself is not your new business model. What the token enables for you and for your users is the key part to focus on.
- William Mougayar