Network Bonding Theory: Grow Your Startup By Making It A Network

9. Premier software features

We are likely entering a 2-4 year period where founders — Web3 founders in particular — will overshoot in their reliance on token incentives to drive their communities. Like Charlie Munger, they are right, but not fully right. We will learn a lot from their experiments and mistakes, but if you want your project to succeed, don’t forget the heart.

1. Value of using the product (e.g. utility, status, cheaper prices, fun, etc)

6. Status symbols

The last two should be noted. These are new to the world in the last few years, but they could play a big role in the next 10 years

11. Real world perks like dinner/tickets to the ball game

10. Membership to a valuable clique of other nodes

15. Non-Fungible Tokens

Tokens reveal network impacts that have alway been there. Including fan tokens in Messi’s comp package to make it incrementally more accurate as an approximation to his value creation for the PSG network. The tokens doubled in value when the signing was announced, so Messi’s comp from that token doubled. This is only 2021, so it wasn’t a huge part ... See more

2. Cash (e.g. USD, EUR)