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.

100%. Seen this so many times with community building with projects doing a ton of giveaways (usdt/token), incentivising the "best ama question", etc. Take it all away and you are left with 0 organic activity.