Market-Protocol Fit [electronic resource].

Title & Author:

Market-Protocol Fit [electronic resource].

Publication:

Other Internet 2020

Restrictions:

Open access content

Notes:
Standard Copyright

Summary:

In the realm of open source permissionless innovation, the traditional product development cycle shows its limitations, because cryptonetworks are not companies. While startups with focused teams can iterate toward product-market fit, decentralized protocols must rely on headless branding and cooperative incentive structures to evolve. We introduce the concept of market-protocol fit—a new dynamic complementary to product-market fit—within the token protocol lifecycle, and describe the phases of this challenging process. While product-market fit is concerned with building an agile team to find and fill market demand, market-protocol fit begins with a broad distribution of tokens, followed by permissionless narrative formation and product innovation which activates them in useful ways. We conclude by outlining strategies that projects are using to advance the expansion of their decentralized ecosystems.
https://www.librarystack.org/market-protocol-fit/?ref=unknown

Resources:
Item Resolution URL

Subject:

Capital movements
Finance
Computer networks

Form/genre:

Text

Added entries:

Laura Lotti
Sam Hart
Toby Shorin

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