Saved by Marcel Mairhofer
Red Flag Alert: A Framework for Vetting Crypto Projects Part II
Marcel Mairhofer added
Marcel Mairhofer added
In the world of crypto, where many people engage partially or completely anonymously, crises of confidence in a project can cascade quickly, which means it’s particularly important that the team communicate frequently and transparently about how they intend to evolve the project.
Steve Kaczynski • How NFTs Create Value
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# Building Your Digital Identity in Web3On Crypto Twitter (CT), Discord, NFT marketplaces, and other platforms favoured by the crypto community, who you are and what your everyday life looks like does not matter as much as your engagement with the ideas circulating in the space and how you demonstrate that engagement through the construction of you... See more
Lindsay Presswell • Building your Digital Identity in Web3
Alex Wittenberg added
What are the risks with social tokens?
Peter Yang • Creator Economy by Peter Yang | Substack
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Tokenomics 1) Classify by market cap Check the market cap. The lower the market cap, the higher the risk. 2) Figure out the current and total supply Find out the number of tokens in supply and the total number of tokens that will be minted. 3) Figure out the Allocation of tokens Who has how many tokens. What´s the vesting schedule look like? ... See more
The Defiant • Red Flag Alert: A Framework for Vetting Crypto Projects
Marcel Mairhofer added
The Three Components of Crypto Success: Product/market fit, Community participation, Sufficient decentralization (community ownership)
The need for product/market fit is obvious. Without a product people want, there are no users, no business, and it will be difficult to sustain a community for long. Community participation and decentralized control
... See moreJesse Walden • Progressive Decentralization: A Playbook for Building Crypto Applications | Andreessen Horowitz
Now the missing piece in all this is the user interface around reputation. In the traditional financial world, we have credit scores. In social media, we have follower counts and engagement metrics (likes, retweets). In crypto, there hasn’t been a tool or platform that has been able to look at everyone’s wallet history, make sense of it, and presen... See more
Andrew Beal • Issue #19: Participation
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