Founders

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.

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

building privy.io, always in pursuit of ice cream, love /urbanism

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.

What if you use a token early on to instead specifically target and reward revenue generating behavior?

Building Pistachio.fi // ex-BlockApps // mod /r/Ethereum // degenmoonfrens

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.

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.