“xyz protocol is great, but I don’t get how value accrues to xyz token”
This take sounds smart on the surface, but has now psyops many people out of the best opportunities.
Just because a token doesn’t capture fees now, doesn’t mean it won’t eventually capture value.
1/
This take sounds smart on the surface, but has now psyops many people out of the best opportunities.
Just because a token doesn’t capture fees now, doesn’t mean it won’t eventually capture value.
1/
As this view has become more popular it’s gradually begun to get abused.
Tokeneconomics are important, especially after the wave of useless utility tokens in 2017.
Tokeneconomics are important, especially after the wave of useless utility tokens in 2017.
But that doesn’t mean that every token needs pay dividends now to be valuable.
What’s far more important is:
1) protocols are used and create value first
2) protocols have a viable path to value capture
messari.io/article/govern…
What’s far more important is:
1) protocols are used and create value first
2) protocols have a viable path to value capture
messari.io/article/govern…
Also this lmao (half joking)
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