🔥 The Crypto Neobank Race: Similar Products, Who Will Survive? According to @0xCryptoSam, there are currently over 20 crypto neobanks on the market, and most are building almost the same product. Therefore, the ability to differentiate oneself is more important than ever. The most obvious opportunities right now include: 1. Dominate niche markets in specific geographical areas through a stablecoin banking model, leveraging the legal framework and local demand to build a "geographic moat". 2. Develop new credit primitives, for example: The lending model does not require collateral. > Unique private credit opportunities, connecting on-chain Capital flows with yield-generating assets outside of traditional markets. In short, in a context where products are becoming increasingly similar, competitive advantage will not come from adding new features, but from: > Scale and depth of Capital flows > Innovative loan structure Effective risk management And the potential to build a real long-term advantage. The market isn't short of product developers. What's lacking is a model that's sufficiently differentiated to survive through multiple cycles of change. Neobank: Narrative emerges in the digital payments landscape. coin98.net/neobank-web3