Episode 50: Increase your token value – Part 1
We have been talking about a project’s Token economic model i.e. how much of the value created by the project is captured by the token. One factor that strongly impacts the token value is the token’s velocity.
So how can we - the token project owners - reduce the token velocity towards increasing our token value? What are the different measures? I list a few and delve into the Work Token model in this episode under Tokenomics series.
Welcome to the Blockchain Hustle where I look at some interesting plays of how blockchain technology is opening new business vistas across multiple industries. Basis your interest, I invite you to look at my past episodes clubbed under 4 main playlists:
TIME STAMPED SHOW NOTES:
0:0 Welcome to Blockchain Hustle
0:17 Introduction to this episode
1:30 Few ways protocol can be designed to reduce token velocity
2:30 Work Token model
3:30 Utility token used as a proprietary payment token
6:38 Utility token used to perform some work for the network
9:58 Augur as an example
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Email meenu@vlsiconsultancy.com |
Website http://www.vlsiconsultancy.com | Blog http://www.vlsiconsultancy.com/newblog
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