I think open markets are generally bad for early stage communities and ventures.

Massively distracting. Attracts speculators, activist 'investors' and unaligned people. Distorts incentives if things go too high or low. Financializes your culture and centers your movement irrevocably around price.

There's some exceptions but overall I've seen the same things play out thousands of times over the years.

building • prev manifold.xyz, twilio.com

Having experienced a taste of this firsthand now, hard agree.

Wanna be the very best. Building @moxiescout. ゼニゼニ

I'm used to tuning out the noise, but the level of noise that comes from too early a market makes my preference to "hack until something good emerges" more difficult. 

Have had to make several casts explicitly saying "I'm not going to pay attention to price, do as you like" and still going to need to remind myself every once in a while.