By Hello again, and welcome back to Fun with Tokenomics: A beginner’s guide. In the wild and exciting world of crypto, we often hear about projects with incredible technology. We’re told about lightning-fast transaction speeds, unbreakable security, and groundbreaking innovation. It’s easy to think that good tech is all a token needs to become the next big thing. But if you’ve been watching the market for a while, you know that’s not always the case. So, what happens when a brilliant idea with solid technology simply… fails? It turns out that a token’s journey to success isn’t just about the code. Join me as we explore the surprising reasons why some tokens fall short, even when they have all the right tech under the hood.
Why Some Tokens Fail Despite Good Technology
Many people new to crypto think a blockchain project will do well if it has good tech. They say, “If the tech is good, the project will succeed.” While good tech is important, it’s not the only thing that matters. Many projects with great tech have failed, not because of bad code, but because their tokenomics were bad.
Think of it like this. The tech is like a car’s engine: strong and made well. The tokenomics are like the fuel, steering wheel, brakes, and map. A great engine isn’t helpful if you don’t have a good way to use it and get around. …Read More.
