Emilie Kormienko

Before investing your money into a particular project, make sure you do your due diligence.

A start-up’s method of achieving its ambition needs to consider three vital components: 1.  Who the target customers are, 2.  Through what channels will the start-up target the customers, 3.  In what timeframe will the start-up reach target customers.

There are many ways for users to acquire fungible and non-fungible tokens. You can buy them, but there are also ways to earn them.

Belief in future value is often one of the most powerful drivers of demand. Bitcoin has no cash flow, no staking rewards, nothing. It just has the belief that it could be a long term store of value to rival gold. Or more ambitious beliefs like definancialization and hyper-bitcoinization. But it’s all beliefs at the end of the day.

Option #4: The all-in-one approach: A brave but altogether more fruitful approach to product design is to combine all of the above and ask people to sign up whilst they submit information to personalise the experience and get shown what to do and where to go once they’re through the onboarding process.

Shared ownership of social tokens among community members contributes to long-term value alignment. It is just the beginning when it comes to experimenting with new ways of rewarding community members for their participation and empowering community members through governance.

Web 3.0 is now defined by digital ownership, and not just money or finances, but ownership of your digital self, digital art, applications, etc. 

Image if you had ownership of every post you made on social media and were rewarded. That content is owned by you, not some social media company. But where does it live? Well on the blockchain.

The

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During onboarding, it must always be clear what the next step is. And that step must appear easy. This is how you build momentum to propel users toward the end of your product journey.