Stop measuring Web3 growth with Web2 metrics — Contribution > DAU (opens in new tab)
Disclosure: I work on Opennomos (linked at the end). This is a thinking-out-loud post about a problem we've spent the last year trying to model. The numbers we report are mostly lies Ship a Web3 product launch and you've watched this play out: Week 1: 10,000 wallets connect, TVL spikes, Twitter +5K followers. The CFO smiles. The VC retweets. Week 8: daily active addresses drop to 300. TVL bleeds back to launch-day levels. The Discord is mostly bots talking to bots. You know the truth — most o...
Read the original article