Building on an unlaunched chain is almost always a bad bet. It makes me automatically bearish on projects/people
The implicit tradeoff is 'we're early so the ecosystem people will help us grow.' This attracts founders who expect the chain's team to do ALL legwork for them and hand them users on a silver platter. Meanwhile those ecosystem teams usually have no idea how to grow products and their main incentive is to attract teams that 'appear good' to boost the valuation of their underlying unlaunched asset and rely entirely on builders to acquire their users. Weird loop in which everyone is waiting for someone else to create momentum
As a builder you also take on execution risk you can't control. Startups have very finite time. You can have everything built and still go to zero because the team you're building on took too long to launch and literally every single one of these launches gets delayed, putting a huge dent on your runway and making the odds that you go to zero much higher
'Community' should also be marked to zero for anything that hasn't launched. It was retarded to hear people saying 'Yeah, we're building on Berachain because of the community' in 2024 and it's even more retarded now.
Stop depending on other people to do things
