Within this cryptoulog, i looked at the tokenomics for 'Trustswap (SWAP) and the AGA token' and i do so as a legitimate illiteracy within the course of this livestream. On this, i build a basis for further discussion, where i highlight what i have learned so far, having looked at many projects emanating due to the recent altcoin and DEFI buzz.
Here is a draft of keypoints that i discussed as i further formulate the tokenomics for CryptoUlogs, a side-project i am currently developing:
- Promise doesn't mean it will be obtainable.
- Audit by third party doesn't either.
- You can compete with bots. Do you curb it?
- Pre-sale issues.
- It is not only about it being deflationary.
- Pump and dump or bulls or bears or demand and supply isn't sustainable.
- Community participation.
- A loyalty factor.
- Social is valuable.
- Low marketcap has an impact but there are exceptions.
- Fees.
- Governance sells but is it overhyped. Is blockchain always needed?
- How can you incite holders to stir growth, to market it instead of just you.
- Defi tokeneconomy on its own is not too sustainable.
- Store of value may not be enough.
- Small supply versus large supply
- Simple and defined versus complex.
- How do you make people want to hold?
- Interoperability?
- Can you stir participation even when token price seems high and unreachable.
- Do you target wide reach?
- Teardrops vs Airdrops
- etc.
Look at a blockchain-based project i am working on called 'cryptoulogs', perhaps you can join me in building it:
Do You Want 10 USD Worth Of BAND Tokens For Free? Steps:
- Watch this video. In it, i go through with the tutorial videos explaining them, i show you how to get your BAND wallet address from Binance, then i answer each of the QUIZ-questions. If you want to go straight to completing the QUIZ, jump to the 27 mins mark of the video!
- If you don't have a BAND wallet address, sign up on Binance to get one, using my referral link here: https://www.binance.com/en/register?ref=13037082
- Complete the Quiz before the campaign ends in '2 and a half days' from now and submit your answers.
- Wait for your BAND tokens to reflect in your Binance wallet, when the campaign ends.
Your Boy Terry
Read some more about the projects i am working on here: https://uloggers.xyz/2020/07/18/seeking-your-crowdfunding-support-passionately-where-have-we-reached-with-the-setup-macrohard-philippines/
I will like to create more ulog discussions like this, discussing topics and any topic in the mind’s eye of a legitimate illiterate and for that i rented a hub for a few months called ‘Macrohard‘ but i haven't set it up for use.
This hub among other things, will help me in my journey to recovering in my health and will help me begin to take care of my dad who is ill, better.
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