Having seen a lot of crypto founders as an investor, some common pitfalls I'm trying to be careful of

- raised too much, lost sense of urgency
- grew team too large, lost focus
- ego caught up in speaking events and vanity metrics
- nerd sniped into building fun things
- waiting too long to launch / release feature

at the risk of being too blunt, there are many well-regarded teams I’ve already counted out because of this mix of things 

raising too much -> self importance over urgency -> inertia -> conference travel