Consumer Crypto

Consumer token thinking seems to me to be backwards. My current view:

• Don’t build a token to form a community. Build a community then launch a token.

• Don’t punish economic motion with fees, punish economic stagnation with demurrage.

• Don’t promise eventual utility and focus on immediate financial value. Build immediate utility and eventual financial value.

Consumer Tokenomics: https://derekbrown.xyz/consumer-tokenomics
• Incentivize activity. Dis-incentivize hoarding.
• For arcade and utility tokens, early validity matters more than early liquidity.
• Consumer token innovation is slow-going for two reasons: 1) regulation and 2) too easy to copy pre-existing ideas

leader • reader • taco eater • fly eagles fly • /whiskey • /nativefun • previously addepar, linkedin • https://nf.td/derek

Building @basketdotfarm on @base. Ethereum is not an altcoin, it's a buildcoin.

Constant sell pressure isn't good if you're after a higher token price... but IMO, price-go-up should be the effect, not the goal. The goal is accrued value.

Also, there are other forms of exchange for consumer tokens other than "sell". 

The question is how to encourage movement (transfers, swaps, etc.) that aggregate value to the token.

Another good example of this btw is $FLY or offchain "tokens" like Amex points.

Great read. What is your view point on how Demurrage Fees affect the token price?

IMO, it can create a constant sell pressure on the token and reduce the token price/value. 

I agree that the the token price is not everything, but constant sell pressure cannot be good.

Nice read!
I didn’t really know soft assets was a thing. Seems like a cool experiment!