Dan Romero on Warpcast

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Dan Romero pfp

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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Dan Romero pfp

Corollary: just wait for the next bull market and then they will come.

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Zach pfp

Literally opening up the app to type "The biggest barrier to mainstream adoption is the absolute death dearth of fun things to do daily onchain." Everyone wants to sell picks and shovels, when no one wants to dig, you have to question whether there's actual gold in the the hills.

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ted (not lasso)

shouldn't that be... the most important problem to be focused on? if new users aren't using a founder's product and the founder isn't focused on it as a problem... 🤔. if this is true, then posit: this is why crypto has failed (and will continue to fail) to go mainstream faster than its emerging tech counterparts.

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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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𝚖_𝚓_𝚛 pfp

splitting DAU into supporters, speculators, benevolent bots, and sybils is part of the issue imho. many web2 platforms monetize ostensibly for the ideal but grow another one further.

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Liang /degencast SOON🎩

wonder what is the cac for qDAU😂😂😂

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Mac Budkowski ᵏ

True, at the same time DAUs is not the best metric for all projects :)

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Warpmaster General

When you put it in those terms, it likely won't happen. It's like saying "growing revenue is the hardest problem in startups." Focusing on the money is not focusing on creating value. That said, I'd argue crypto has an incredibly STRONG ability to build community (DAUs).

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I call it "Kicking PMF up the stack" If we just build this one more piece, someone else will build the app that has meaningful DAU's

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Tayyab - d/acc pfp

Conclusion I came to post Casama: hardest part was bootstrapping quality liquidity in the marketplace. Still believe it to be true for anyone trying to build a stable be marketplace

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Ed O'Shaughnessy

You have to eat the frog!

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Phil Cockfield pfp

When you take what @dwr.eth has been saying around qDAU & FC goals/aims (as per say the last Aburra talk), & the reality that FC is permissionless, open, & credibly neutral... ...the "grow qDAU so the devs will come" when successful is both THE biggest gift in the world, & will impact enormously any and all economies.

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@williamallen.eth

this is why I wanted to go after consumer (the crypto curious!?) security vs building a service for other services. (and have since learned that however hard I thought it would be, it is much, much harder)

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zook pfp

there are more people that are non-tech that use apps than there are tech people. UX creates culture/habbits of use, attention follows entretainment. good apps have all the features great apps function for something specific that provides enough value to generate entertainment which is followed by attention then habit

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Cyber Shakti 🎩😇

Interestingly…. https://x.com/cybershakti/status/1716714860250321030?s=46

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Yup. Lotta (consumer) CO’s in crypto just waiting for another market wave to bring them in. Though if history is an indication a good portion of these users wash out with the tide just as easily as they wash in…

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yeah you can easily jump into a fallacy that "oh my product is great just not enough people have metamask" this, among other reasons, is how my last company died

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LGHT pfp

smells like opportunity

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Jacob pfp

Growing DAUs on the internet is not trivial for any new company, let alone crypto with its emphasis on money Most people use financial apps sporadically NFT platforms tried to turn e-commerce into entertainment (which may still be a good strategy for them), but crypto social makes a lot more sense for DAU engagement

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