added by 0xsmac · updated 2y ago
Onchain Wizard - Tokenomics Thoughts
- Web3 founders need to take a step back and come to peace with the idea that there is no need to reinvent the wheel by introducing tokenomics models into every idea. Tokenomics is a powerful tool if used correctly. But tokenomics should take a back seat to the concept of engagement. Engagement is the basis of consumer success.
from Ponzi-as-a-Service (PaaS) by Robert Hammond
sari added
- So if I step back, a good consumer token model in my mind:
- Releases a token early, recognizes the end state is entirely unclear, and maintains optionality on how it’ll evolve in future
- Has mechanics to distribute tokens over a long time frame to users / participants that are creating value
- Captures value from the speculation layer and funnels it into
from Notes on Consumer Crypto | Aug 17, 2024 by Joshcrnls
Devin Baker added
- “Tokenomics” has become a popular term in the last few years to describe the math and incentives governing crypto assets. It includes everything about the mechanics of how the asset works, as well as the psychological or behavioral forces that could affect its value long term.
from Tokenomics 101: The Basics of Evaluating Cryptocurrencies - DeFriday #19 by Nat Eliason
Emilie Kormienko added