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Dan Romero pfp
Dan Romero
@dwr.eth
Posit: Growing DAU is the hardest problem in crypto. That's why most founders / companies aren't focused on it. Someone else's problem to solve.
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andrew pfp
andrew
@boop
IMO one early promise of crypto was using token incentives to bootstrap utility/app usage, but this can result in companies further along with less product discipline and less of a handle on how to generate organic DAU growth
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Dan Romero pfp
Dan Romero
@dwr.eth
Which has not worked. Tokens / incentives amplify baseline behavior. If you start with an unsustainable economic incentive, you are masking the baseline behavior, which may actually be non-existent once the incentives stop.
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Brian Smocovich pfp
Brian Smocovich
@bsmokes.eth
What if you use a token early on to instead specifically target and reward revenue generating behavior?
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andrew pfp
andrew
@boop
Definitely doesn't preclude that, but I've seen more often than not you end up building an audience more interested in the financial aspect than the project itself.
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Brian Smocovich pfp
Brian Smocovich
@bsmokes.eth
That's fair. My plan is to create a slow drip (low inflation) of the token to revenue generating behavior. So theoretically you would really be have to be using the product as intended in order to receive the rewards. And the rewards are nominal.
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