why tokenomics matters 👇

if you’re a normie crypto fan, you might not think tokenomics matters.

you might think: that’s too technical for me.

but it matters for everyone.

because like it or not, tokenomics is what drives the cryptos we love.

when we see tokens on exchanges, they all look similar: a ticker, a logo, a market cap.

but they can all be wildly different.

there is no single standard.

and that’s a mistake 99% of people make.

most people think of it like a car store: some cars are fast, some are expensive, some are brand new, some are old.

and that’s where they go wrong.

it’s nothing like a car store.

in the crypto car store, some of these cars don’t even drive. in fact, some can never and will never drive. some have 10 wheels. some are complete copies of other cars, just renamed. crazily enough, many were created by teenagers sitting in their bedrooms. lots seem to be hyped up by salesmen who just want to flip those cars and get out of there.

but some are geniunely novel. some cars are faster than any other out there. they were designed by modern-day einsteins. some aren’t even cars - they’re rocket ships, faster and more powerful than anything else.

so i guess what i’m getting at is this: tokenomics matters. and tokenomics in this sense is really about the whole ecosystem surrounding a token.

there’s a reason we have the saying: take a look under the hood.

in crypto, the tokenomics is what’s under the hood.

and it’s only when we look there that we can even begin to understand what’s going on.

i’m going to make a full tokenomics primer at some point. but for now i want to share this series as bite-sized chunks. hope it helps :)