Web3 go-to-market strategy // how to incentivize early users

sbagency
1 min readNov 10, 2023

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https://a16zcrypto.com/posts/article/go-to-market-in-web3/

Here is a summary of the key points from the article:

- Traditional web2 companies focus on acquiring customers through sales and marketing. Web3 companies take a community-driven approach, using tokens to incentivize early users and align incentives.

- There are two main types of web3 organizations: decentralized applications like DeFi, NFTs, social networks; and protocols like layer 1 blockchains and layer 2 scaling solutions. Their go-to-market strategies differ.

- For DeFi apps, go-to-market involves getting the token listed on exchanges, integrated into wallets/apps, and accepted as payment. Metrics are total value locked, integrations, and active users rather than revenue.

- For social DAOs, go-to-market means building a community around a shared purpose. Metrics are community engagement and relationships built rather than revenue.

- For games, go-to-market involves distribution via platforms and partnerships with guilds. Players become stakeholders via tokens.

- For protocols, growth comes from applications built on top of them and forks that replicate/alter them.

- Web3 tactics include airdrops, grants, memes. Founders act as “gardeners” nurturing the community rather than controlling top-down.

In summary, web3 go-to-market focuses on community, purpose, and incentives rather than traditional customer acquisition funnels.

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sbagency
sbagency

Written by sbagency

Tech/biz consulting, analytics, research for founders, startups, corps and govs.

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