Published in Coinmonks·Pinned7 reasons to launch a token?Why launch a token? — Tokens¹, the ability to add a commercial, interchangeable, asset to a community, protocol, company or DAO is one of the biggest innovations in web3. Tokens have many use cases and reasons for why to launch and add a token to a web3 project. The core premise being that they enable…Tokenomics11 min readTokenomics11 min read
PinnedWhy token prices dropMost crypto projects’ tokens drop 90%+ within two years of launching. — Why? It’s the supply and demand! Isn’t that why prices drop everywhere? Too much supply, not enough demand? True, but in this article we’re going to dive deeper into how tokens allocated to insiders consistently prove to be the bane for web3 projects’ token prices. Like clockwork, when the vesting…Web38 min readWeb38 min read
PinnedHow to build a moat in web3?How to build a moat in web3 The playbook for competitive moats for traditional companies has already been written. Hamilton Helmer’s ‘7 Powers’ has emerged to be a popular favorite, but other frameworks abound. When you’re building in web3, you’re (hopefully) buying into the web3 ethos: open, permission-less innovation and avoiding user lock in. You’re building, knowing…Web38 min readWeb38 min read
Published in The Startup·PinnedBootstrapping to Grow to 10,000 Users Part 1: The Marketing Playbook FoundationsGrowing a B2C startup is hard. It’s even harder when you’re bootstrapping growth, have no resources for paid advertising aka growth marketing and when you’re not part of the ‘in’ influencer crowds on Twitter, Clubhouse, Instagram and YouTube (which you should start working on right now by the way). But…Startup9 min readStartup9 min read
Feb 10Why Gary Gensler is right on KrakenThis week the SEC filed a suit against Kraken, the crypto exchange, alleging that their staking product is an unregistered securities offering. In response, Kraken has suspended their staking product in the United States. …Token Sale5 min readToken Sale5 min read
Published in Coinmonks·Jan 8Designing Tokenomics checklistSo you want to launch a token and are lost on where to start? Here’s the checklist for designing your tokenomics from start to finish. Figuring out your business Understanding why you need a token Building your token model Tuning the supply and demand dynamics of your token Token and…Tokenomics4 min readTokenomics4 min read
Dec 28, 2022DeFi and the 1837 crashBooms and busts are not new phenomena. As Mark Twain said: history doesn’t repeat, but it rhymes. This is definitely the case for financial history. …Token Economy3 min readToken Economy3 min read
Dec 9, 20225 principles for best tokenomic designsWhat are the best ways to design tokenomics? A quick primer — As more and more projects launch their own tokens and design their tokenomics it’s essential to understand how to design a tokenomic model that works. Unfortunately, many projects simply ‘copy paste’ other projects tokenomic designs without thinking through whether their model is a right fit for them. What do the…Tokenomics5 min readTokenomics5 min read
Dec 4, 2022Are tokens good for bootstrapping growth?Are tokens¹ good for bootstrapping growth? It’s been a popular thesis laid out by leading investors, but it hasn’t led to success. So is the thesis even true? In this article I’ll explore the entire value chain of token incentives and network…Tokenomics12 min readTokenomics12 min read
Nov 28, 2022How can you get started in designing tokenomics?How do you start tokenomics? — How to get started in tokenomics is a question I’m often asked these days by participants in my Designing Tokenomics course. Tokens and tokenization, is the big unlock of the crypto and web3 industry. In this article I’ll layout how you can start your tokenomics path. …Tokenomics4 min readTokenomics4 min read