Consumer Crypto

Shower Thoughts

crypto is a game where the winner best aligns people & projects around incentives

a wise old man once said, “show me the incentive, and i’ll show you the outcome”

crypto is inherently financial. it attracts financial minds first. financial minds live and die by incentives. 

if you incentivize farmers, you’re gonna get farmers. if you incentivize for qDAU, you’re gonna get qDAU. 

crypto users are not too different than locusts. 

without proper incentives, your product will get exploited; all value will be extracted until there’s nothing left and your user base will churn. 

incentivize users to be additive to your system, or unleash the locust swarm.

summoning mmo /animarising | 0xbasil.twitter

growth @teller coming soon @clarity





























































hosting /kieran /usdc /loans 

indeed. i think the takeaways there are:

1) incentive design must be added to your system before launch 

2) after launch, you're entire strategy should be focused on optimizing around the top 50 most successful channels/qDAU (powerusers)

3) after listening, optimizing, and retaining your top 50 users, the focus should shift wholeheartedly to discoverability, ie. creating a system that allows qDAU not in the top 50 to rise/grow

also: create no incentives; get exploited

Recent example is AF. Remove the incentive = remove the users.

1) incentivize the pie, not the slice
2) listen to powerusers exclusively 
3) once they're happy, then shift optimizaiton to small but growing qDAU

1) incentivize the pie, not the slice
2) listen to powerusers exclusively 
3) once they're happy, then shift optimizaiton to small but growing qDAU 

https://warpcast.com/itsbasil/0x1a302f19

how to incentivize all and only qdau. teach me 🙇‍♂️

💯 " without proper incentives, your product will get exploited; all value will be extracted until there’s nothing left and your user base will churn. "

also products are important. The behavior & support of the builders who own the products until they are decentralized. what we have good so far?
- degen
- drakula 
- onchain gaias (NFT project)

I could list more, but if someone asks, these are the things I can say sincerely.