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How Coinbase gave away BTC to get its first users
out is an understandably popular approach. Dropbox famously got its first users through a video it posted to Hacker News entitled “My YC app: Dropbox—Throw away your USB drive.” This also got the attention of Y Combinator co-founder Paul Graham, helping Dropbox join the now-popular accelerator. The following year when they were ready to publicly la
... See moreAndy Budd • The Growth Equation: How Early Stage Startups Can Build a Powerful Engine for Growth
Even if the mega-airdrops are unsustainable in size, they’re likely in their infancy in practice. DAOs have money...lots of it, and want users. And we know how lucrative this market can be for those willing to make the market: Coinbase Earn is doing $60mm+ annualized in revenue in what is arguably the most underutilized part of its business.
Ryan Selkis • Crypto Theses for 2022
An airdrop is when a project distributes tokens to users to reward certain behavior that the project wants to incentivize, including testing the network or protocol. These can be distributed to all existing addresses on a given blockchain network, or targeted (such as to specific key influencers); often, they are used to solve the cold start proble... See more