Progressive Decentralization: A Playbook for Building Crypto Applications | Andreessen Horowitz

Marc Andreessen's original formulation of product-market fit describes how startups move from minimum viable product to serving customers. Cryptonetworks instead start with nothing, apart from token-based incentives and narratives, mobilizing developers and contributors to spontaneously coordinate in ways that end-users will ultimately find benefic... See more

One of the most overlooked elements of ownership in the web 3.0 space is financial transparency, particularly regarding investments and agreements. If the goal of "progressive decentralization" is to transition to community ownership, it would seem incongruent for early stage investments terms to be hidden from the community.

‘The optimal governance structure for early-stage projects is founder dictatorship. The optimal governance structure for mature projects has large user/stakeholder involvement. “Exit to community” continues to be underrated as a way to get both’. - Vitalik Buterin