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Topic: Token economics (Read 248 times)

newbie
Activity: 70
Merit: 0
January 12, 2018, 01:08:18 PM
#38
I have been going through dozens of ICO's with shitty token economics that makes nonsense sometimes.

What can drive or make the token economics better? What should  the business model have?

real world blockchain solutions to disrupt traditional business!
just like what Storj and SIA are proposing to do for example.

Dont forget our community is centered around decentralised
and unregulated blockchains, exactly what Satoshi Nakamoto
proposed with Bitcoin.

What goes hand in hand with the business model of a particular
project is adoption. without anyone using the proposed crypto
its not going to go anywhere.

I have mentioned it before but there is too much emphasis on
buying ico tokens purely to cash in once it goes live on an exchange.

What make a project successful long term isnt the price of the
token on coinmarketcap, its useage!
This is absolutely the nail on the head. You can have the most well thought out token economics, but if the idea of your business does not address a big enough market, or does not solve that problem an order of magnitude better than your competitors, then people won't want to use your solution. Token economics is actually simple. If there is money flowing into the system (people want to use your product/service) the price will trend up. If people don't want to the price will be completely at the hands of speculators and likely crash and burn.
legendary
Activity: 2464
Merit: 1387
January 12, 2018, 04:47:01 AM
#37
I have been going through dozens of ICO's with shitty token economics that makes nonsense sometimes.

What can drive or make the token economics better? What should  the business model have?

real world blockchain solutions to disrupt traditional business!
just like what Storj and SIA are proposing to do for example.

Dont forget our community is centered around decentralised
and unregulated blockchains, exactly what Satoshi Nakamoto
proposed with Bitcoin.

What goes hand in hand with the business model of a particular
project is adoption. without anyone using the proposed crypto
its not going to go anywhere.

I have mentioned it before but there is too much emphasis on
buying ico tokens purely to cash in once it goes live on an exchange.

What make a project successful long term isnt the price of the
token on coinmarketcap, its useage!
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
January 12, 2018, 04:33:34 AM
#36
I have been going through dozens of ICO's with shitty token economics that makes nonsense sometimes.

What can drive or make the token economics better? What should  the business model have?


I guess you've passed a lot of ico, as you say. and I think you have a lot of experience. so why would you ask, because you already have experience and knowledge. know it all depends on experience and knowledge to choose and get a good ico generate many benefits.
newbie
Activity: 14
Merit: 0
January 12, 2018, 04:21:15 AM
#35
Look at this Airdrop new platform (Music Industry)

The new IMDB for festivals, concerts and artist
Its transparant and a lot of people are using it already in Beta

Viberate (VIB)

https://bitcoinmagazine.com/articles/vibrant-community-viberates-key-ico-and-product-success/





Use Beta via:

[url=https://www.viberate.com/referrals/7521e604_938b9e6d_65f0c6af
member
Activity: 392
Merit: 12
The Fourth Generation of Blockchain in DeFi
January 12, 2018, 04:20:19 AM
#34
It is a simple startup. You invest money in an idea. When it is realized (if realized to be concrete), you'd get profit from its sales.  But ico differs from a real startup due to the fact you have no chance to get your money back if it scams.
member
Activity: 182
Merit: 10
January 12, 2018, 04:14:02 AM
#33
Actually token economics follow the conventional trend of economics. It's hard to understand because the supply and demand in this platform are modernized. one example is how exclusivity of tokens greatly affects how companies can profit from the entire crypto currencies. Thisng like this are emphasized in the token economy.
full member
Activity: 322
Merit: 100
January 12, 2018, 04:05:22 AM
#32
You should do a deep research. A great way is to start in the team members and advisors. Mostly a great ico has a great team and advisors who have previous experiences to other successful ICOs. Other factors may give you insights but you must knos the team more than any other.
full member
Activity: 504
Merit: 102
January 11, 2018, 09:01:14 AM
#31
Maybe before we go buy the coin in ico, make sure we have some research about it,  what are their plans, if they are trustworthy enough and how active they are,  and most of all, its a legit. Because right now, percentage of successful ico have been decrease.
full member
Activity: 140
Merit: 100
January 11, 2018, 08:58:23 AM
#30
First of all you should always remember, ICOs are a high-risk way of fundraising. Never invest anything you can’t completely afford to lose. Keep in mind that due to a lack of regulation, you will have difficulty getting back your lost money in case of any failures.

The project economics and integration of the token into the product should be described in detail on the website and in WhitePaper. And it should be concrete and not abstract reasoning

Token should be fully integrated into the company structure. Investors should clearly understand why the token will gain value along with the success of this project.

Cant argue with your opinion. But I'm in doubt. I'n interested in Blockshow project, I trust them and was in Singapore last yeah at their conference..But they dont have WP..Is it a bad sign?
full member
Activity: 336
Merit: 100
January 11, 2018, 08:53:59 AM
#29
It is a really hard choice to invest in, because even a very promising and innovative project can not get stuck in the market and lose everything.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
January 11, 2018, 08:33:05 AM
#28
I have been going through dozens of ICO's with shitty token economics that makes nonsense sometimes.

What can drive or make the token economics better? What should  the business model have?

Tokens serve only as speculative tools and very often 1-2 years after completion of the ICO become useless. If there were stocks instead of tokens, then the situation would be much better.

Yes they are speculative tools but believe me, they don't always become useless. Once a working product is developed and marketed, these tokens get really valuable, especially the ones that offer profit sharing dividends to holders.
full member
Activity: 518
Merit: 100
January 11, 2018, 08:02:57 AM
#27
I have been going through dozens of ICO's with shitty token economics that makes nonsense sometimes.

What can drive or make the token economics better? What should  the business model have?

Tokens serve only as speculative tools and very often 1-2 years after completion of the ICO become useless. If there were stocks instead of tokens, then the situation would be much better.
full member
Activity: 210
Merit: 100
January 10, 2018, 08:54:57 PM
#26
ICOs are better if:

- They have a solid team and the devs know what they're doing.
- They have a good supportive community backing up the project.
- They want to raise a proper sum of money. A very big cap or a very small cap are not good.
- They have a good idea and will probably have real world usage.

Always do your research before investing. Smiley

good suggestions. also advisors are important. i'm not mentioning about those just on paper advisors but real ones.
hero member
Activity: 886
Merit: 510
January 05, 2018, 02:20:58 PM
#25
ICOs are better if:

- They have a solid team and the devs know what they're doing.
- They have a good supportive community backing up the project.
- They want to raise a proper sum of money. A very big cap or a very small cap are not good.
- They have a good idea and will probably have real world usage.

Always do your research before investing. Smiley
full member
Activity: 1736
Merit: 121
January 05, 2018, 01:49:31 PM
#24
I have been going through dozens of ICO's with shitty token economics that makes nonsense sometimes.

What can drive or make the token economics better? What should  the business model have?

What the business model should have is dependent on the ico companies. If they are sincere in themselves and after the ico campaign, they continue with their promises and people are not disappointed; then, they would have sent a better model.
full member
Activity: 854
Merit: 104
January 05, 2018, 01:43:43 PM
#23
I have been going through dozens of ICO's with shitty token economics that makes nonsense sometimes.

What can drive or make the token economics better? What should  the business model have?
Just as for every coin to have a certain success the token has to have its real power and recognition, recently from Ether Delta they have allocated several types of tokens that have no use for the users besides simply pouring an absurd amount of money in the form of token.

But we do have some caveats in this environment, several good projects come out every day and their tokens just come out in the middle of so much junk.
I agree that there is a sense in holding an ICO. Some tokens produced are very necessary and useful. There are, of course, a lot of unnecessary coins, but such will remove the market. This is natural selection. Just before investing in ICO, you should first of all be interested not in the nearest profit opportunity, but in the quality of the project and the usefulness of the token.
member
Activity: 129
Merit: 10
January 05, 2018, 01:27:48 PM
#22
Most of the tokens have no real concept and are issued just for profit of the issuer or as a fundraiser for the startup. The value of tokens are entirely upto how the initial investors would be able to fool the new investors.

This is huge challenge as the smart people are still not involved to build the right economy of token
full member
Activity: 953
Merit: 105
December 22, 2017, 04:15:02 PM
#21
Most of the tokens have no real concept and are issued just for profit of the issuer or as a fundraiser for the startup. The value of tokens are entirely upto how the initial investors would be able to fool the new investors.
full member
Activity: 321
Merit: 100
December 22, 2017, 04:04:15 PM
#20
The token economics is a contingency management system based on systematically strengthening target behavior. The amplifier is a symbol or "token" that can be exchanged with other reinforcers. The token economy is based on the principles of operant conditioning and economic behavior and can be placed in an analysis of applied behavior.
member
Activity: 280
Merit: 12
December 22, 2017, 03:54:15 PM
#19
If you're interested in token economics, you should look into polymath's ico. Their platform allows companies to launch their security tokens projects. Basically the stock market on blockchain.

I recommend joining their telegram fro updates: https://t.me/joinchat/GmbozxFfmqF4UkueyZVoig
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