'What are Good and Bad Project Tokenomics ' by daolaunch tokenomicstopstory cryptocurrencyinvestment
Defining Good and Bad Project Tokenomics
2020 proved that the token economy was poised to shine. ICOs took a new form in STOs, and so continues the cycle. IDOs have provided a safer method for retail investors to financially back their favorite projects in exchange for tokens, but rug pulls and exits loom above all of crypto. The goal of legitimate projects has always been to safeguard retail investors and at DAOLaunch, we pride ourselves on ensuring that every project we launch goes through a vigorous Due Diligence process.
A good market fit can be determined by doing market research on competitors in the space that aim to solve the same problem, as well as researching customer demand.Projects are more likely to succeed with teams that are well-experienced in their field of work. Education also goes a long way, but the experience is the golden egg. Experienced teams often know how to solve industry problems better than inexperienced teams.
The allocation of 33% to its ecosystem is great, it’s an amount that’s not too high or low, it’s usual to see. The 33% going to the dev team is also a good allocation due to the importance of tech in any crypto project.
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