Tokenomics

You're going to get wrecked if you don't understand Tokenomics. But what IS Tokenomics and what should you watch out for? Here's everything you need to know about Tokenomics: (+ a free Tokenomics checklist)

This is what great token design looks like 🧵

0/ Token incentives are a popular way to distribute ownership to people that provide a useful service But as we've seen, some of these distributions are easy to game and are less effective in hitting their key objectives Here's my framework for thinking about this 👇

In theory, crypto makes it possible for users to partake in the success of the products and communities they are part of. In practice, token-based economies are very difficult to design. We’re going to see a lot of trial and error. Some challenges I'm seeing: