added by sari ยท updated 2y ago
When Complexity Breeds Community
For instance, app teams that pursue community ownership first (starting with a wide token distribution) risk engendering a community of speculators, rather than real users. Without a working product, ownership is worthless, and the community won’t stick. Many teams that have done this are unable to back into product/market fit, and as a resul
... See morefrom Progressive Decentralization: A Playbook for Building Crypto Applications | Andreessen Horowitz by Jesse Walden
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- If a company can transition from simply delivering a product to building a community, it can unlock extraordinary competitive advantages and both create and support a superior business model.
from When Community Becomes Your Competitive Advantage by Jeffrey Bussgang
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