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Early Traction: DeHub's Alpha App Hits 2,000 DAUs

By DeHub Team — 2021-04-20

DeHub Q1 2021 update: Early Traction: DeHub's Beta App Hits 2,000 DAUs

Most projects in this industry launch a token, promise an app, and hope the second part arrives before the attention runs out. We went the other way round.

By the end of Q1 2021, the first DeHub beta was live on the App Store. Around 500 people had it installed as testers, and roughly 2,000 were opening it every day. There was no token. There was nothing to buy, no chart to check, and no reason to be there except that the app did something you wanted to do.

Why we shipped before the token

Building an audience around a product is slow. Building one around a ticker is fast, and almost entirely fake — the users are holders, the engagement is price, and the moment the chart turns the room empties out. We had watched that happen to enough projects by early 2021 to know we did not want to inherit it.

Launching the app first gave us a group of people who were there for the thing itself. When the token did arrive, they were already using it. That is a very different starting position from a community that formed around a presale.

What 2,000 daily actives actually told us

Two thousand is not a large number. What made it useful was the ratio: from 500 testers, daily usage in the low thousands meant people were coming back, sharing access, and bringing others in. Retention at that scale is a much better early signal than downloads, because there is no marketing spend inflating it.

It also gave us real failure data. A pre-token beta is the cheapest possible place to find out that your onboarding is too long, that people cannot find the feature you built the whole release around, or that a screen everyone loved in review is one nobody opens. Every one of those is expensive to discover after a listing, when the same problem arrives attached to a price chart.

What it set up

Three things followed directly from this quarter:

The beta itself is long retired. Almost nothing in it survives in the app today. What survived is the sequencing: build the thing, get people using it, and let the token serve the product rather than stand in for it. Every DeHub release since has followed that order, and the times we have been slowest to ship have almost always been the times we refused to break it.

The part we would change

We should have written down what the beta taught us far more carefully than we did. A great deal of what those first users showed us existed only as shared understanding inside a team of a handful of people, and by the time we had grown to fifteen across three time zones later that year, a meaningful amount of it had quietly evaporated.

Some of the same findings had to be rediscovered in 2024, at considerably greater expense, when a major upgrade drew its sharpest criticism on exactly the onboarding problems the 2021 beta had already surfaced. Institutional memory is not a nice-to-have. It is the difference between learning something once and paying for it repeatedly.

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