Utility, as a measure of success

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I wanted to introduce the concept that 'UTILITY' is the measure of success for any blockchain project. Traditionally, when blockchain projects spin up, they tend to list on top exchanges and hope the community both uses their token and trades their token, which allows their internal assets to have increased value and be sold to help fund the project. But, given how the SEC views this tactic, it's not really the BEST way to support your project or even measure its success.

So, for me, when evaluating projects, I look at how the UTILITY of the project is implemented; how the utility is displayed to the user on the platform, how the user can OBTAIN the token, and how the user can SPEND the token on the platform to increase their utility.

If it's SIMPLE, then generally, the token is more approachable and far more profitable; than if, say, one had to keep buying on exchanges, swap into the platform, and hope that the platform can give you the actual utility you purchased externally to the platform.

See, to me, success is driven by user flows, not so much the tokenomics - while the token details ARE essential, they are not the end-all/say all of how things perform.

You could have a project with amazing tokenomics but horrible implementation - and in that case, the token becomes worthless; or you could have a platform that has excellent use of the token, but crappy tokenomics because they didn't think it through, and the token becomes so devalued, congested or out of supply, that it becomes impossible to use.

In both of these cases, knowing both the tokenomics and actual USE of the token's utility are the proper gauge of the project's success, not if the project is actually listed on an exchange.



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