The 7 Deadly Mistakes Web3 Startups Make (And How to Avoid Them)
Web3 startups frequently fail within their first year, often due to preventable founder decisions rather than technological shortcomings. Common pitfalls include premature token launches, over-engineered tech stacks, and designs catering exclusively to DeFi power users.
The most critical error remains launching tokens before establishing a functional product. Startups must prioritize utility over speculation, building tangible use cases before introducing economic incentives. Over-complex architectures also cripple projects, as simplicity ensures scalability and user adoption.
User experience design requires equal attention. Projects targeting mainstream adoption must MOVE beyond crypto-native platforms like Twitter and Discord, meeting users where they already engage. The solution lies in balancing technical rigor with accessibility.