In a way, stocks are the OG tokens. Stocks “tokenized” corporations – allowing small investors to own small stakes. With blockchain, anything can be tokenized. Buy an apartment in New York with 10 friends, break it up into 10 tokens. Tokenization is truly the next big thing since slice bread.
Helium created a wireless network of over 680,000 nodes in 166 countries in just 3 years … how so fast? They used the power of the crown and incentivized them through HNT tokens. Setup a wireless hotspots and start earning HNT tokens by allowing others to use your wifi. Heliums from 1,000 to 650,000 in just 3 years
We analyzed 10 successful Web3 projects and assessed the average Token Distribution. We analyzed Ape Coin (BAYC), Avalanche, Flow, Solana, Axie Infinity, Sandbox, Decentraland, Fantom, Genopets and Perpetual Finance.
Tokonomics is a broad topic and Creating a vibrant and connected Community is foundational for crypto/web3 projects. Why? These projects are built on top of blockchains. Inherent in blockchains is ownership. Network effects are enabled when a large community “owns” a project, this in turn drives success
Tech has taken off. The first wave was Web1 (remember Yahoo and Craigslist?) and then came Web2 (think Netflix and Uber). Think about all the apps your phone … God forbid we have to live without our phone for a day?