Key Take-Aways
Essential points to remember about business model canvas for Web3
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Be specific about your target audience: Avoid broad definitions and drill down into detailed demographics and psychographics.
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Focus on solving real problems: Your primary goal should be providing value to users, not creating a speculative token.
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Consider multiple stakeholders: In Web3, your "customers" may include token holders, community members, and contributors.
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Plan for revenue from day one: Even with an evolving business model, you need to consider sustainability strategies early.
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Validate before building: Talk to potential users and understand their needs before developing extensive features.
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Iterate based on feedback: Use the canvas as a living document that evolves as you learn more about your market.
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