Binance Labs proposed five key points for Web3 startups to achieve product-market fit, namely: user-centric development, iterative evolution, focus on deep community participation, leveraging network effects and sustainable growth. Regarding how to achieve product-market fit, Binance Labs said: "In the process of finding product-market fit, consider your indicators and what they mean. Acquiring users and developers is one part, retaining them is another, and real growth comes from user retention. If the product is not used, this will be reflected in the retention statistics. Define the purpose of your product - for example, for trading or with practical benefits. Having fewer developers but higher product usage is preferable to having more developers but lower product usage. Ideal product-market fit involves both an increase in the number of developers and an increase in product usage."