Founders

Great write-up by @andrewchen on why incentivizing users to join your product can backfire.

We see this a lot in crypto when users join in hopes of an airdrop or price-go-up and then disappear.

Speculation is fleeting

Great write-up by @andrewchen on why incentivizing users to join your product can backfire.

We see this a lot in crypto when users join in hopes of an airdrop or price-go-up and then disappear.

Speculation is fleeting

https://twitter.com/andrewchen/status/1752725725407490529?t=eHIdDSQikrVYECIAS93C4g&s=19

The open web is dead, long live the open web. ⌐◨-◨

Building /warpcast and /farcaster

— gabrielayuso.com

I think rewards work for consumer dapps, rewards are helpful to create a habit for users to keep using the product and retain them. But of course it also matters if the product is fullfilling users job

Agreed. I think it’s a novel way to get the flywheel going/solve the cold-start problem, but you have to be meeting a core user need in order for it to be sustainable.