a ridiculously good summary. one more thing I'd add is around token design - most projects do not need tokens and even when they do, most frequently in form of governance tokens, a careful consideration is needed around the minimum threshold to vote vs. pass proposals to avoid benefiting those with fat bags.
yup governance design needs to improve 10x as well
there's also a very fine line between needing central leadership to get anything done efficiently (especially early on) vs. decentralizing and giving governance/power to the users of the network
3 & 4 are critical. Adoption will be driven by ppl not even realizing they’re using crypto rails. That’s why projects like NBA Top Shop have been so great for crypto.
a ridiculously good summary. one more thing I'd add is around token design - most projects do not need tokens and even when they do, most frequently in form of governance tokens, a careful consideration is needed around the minimum threshold to vote vs. pass proposals to avoid benefiting those with fat bags.
yup governance design needs to improve 10x as well
there's also a very fine line between needing central leadership to get anything done efficiently (especially early on) vs. decentralizing and giving governance/power to the users of the network
3 & 4 are critical. Adoption will be driven by ppl not even realizing they’re using crypto rails. That’s why projects like NBA Top Shop have been so great for crypto.