Problems that Token Economy solved
1. To verify the development logic of a project, to investigate and select quality projects.
As far as the current market is concerned, many Tokens that you see are very urgent to go online trading platforms or exchanges. When they complete the process of going online, we compare the Token Economy model, they actually go directly to the fourth step, the pass certificate.
This is actually considering the first three stages of the Token Economy. Where is the trust mechanism tool? Are the value incentives and incentives ledger and calculations done well? Is the general certificate worth to realize? This is equivalent to the foundation problem in the house building.
2. What is the belief in the blockchain industry?
Many people question the belief in the blockchain industry. Some say that 90% of people believe it can make money in blockchain world. Is this wrong? Of course not.
First of all, we must know that the consensus here is very important, but this is the most primitive consensus.
In this economy model, consensus can form value in the process of value transfer. But also it has layers and the corresponding values are different.
For example, in the earliest Ethereum consensus, there was no ICO, but there was a place called donor community. They made a donation with the most original identity. They did not expect a return. This is the belief in the blockchain we talked about.
There are different levels of belief, as do the value records and incentives at different levels of belief.
So when we look back at the entire economy model, we have to look at the shortcomings of the project and then continue to improve. In the end, it is possible to perfectly implement the pass certificate and increase the value hundreds of times.
In a sense, I personally think this is an understanding of the entire Token Economy model.
