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Does Every Crypto Project Need a Token? | Daily Crypto IQ
Token Autopsy · streamed · runtime 2:11:20
Takeaways
Derived from the stream's auto-generated captions.
- You got to hold about $20 worth of the token, which is pretty good.
- It's built to basically charge no fee, but , I looked at their revenue and it was $5 for the last week.
- If the protocol pays 10 million in tokens to generate 2 million in fees, activity alone does not prove a sustainable economy.
- What we're saying here is that 10 utilities or any amount of utility.
- In order for me to use the app, I need to own five cents worth of the token. even if it was 50 cents or a dollar, that really doesn't do anything for the market cap of a token.
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