Crypto is probably one of the hardest sectors to build a product in.

Your traction is public. Your customer complaints and support issues are public. Your code is often public.

Competitors/hackers not only monitor and replicate in real time, they do so with aligned incentives via tokens, their communities are rewarded for attacking , exploiting, or degrading your product.

All while the health of your product is anchored to broader macro cycles. It is unlike anything I have seen in other sectors.

I understand why Uniswap added the MIT license to v4. It is a form of strategic defense. It is not something I would personally advocate, because the best founders do not copy they invent new ideas.

At the end of the day, the strongest crypto founders either work to outcompete themselves or build so early that no one else has noticed the opportunity yet.