Eric Bravick of The CryptoOracle Collective speaking on CryptoMondays Digital Spaces - Tokenomics is not the only thing. It's EVERYTHING!
ACCELERATOR -?A big shout-out to our very own AI expert Eric Bravick for the insightful talk he gave on CryptoMondays Spaces about the importance of token utility in Web3 and AI ventures! His core message — that tokeconomics is paramount in Web3 and should be prioritized even above product development. It was fascinating to hear him speak about how this philosophy has played out in his experience, citing examples like Cardano and EOS to illustrate how robust tokeconomics can drive success even in the absence of a strong product. His comparison of Bitcoin to a purely tokeconomic product was also a great way to understand this concept. Eric's emphasis on the demand side of token economics, specifically on organizing, standardizing and thinking about the consumption/burn side, was particularly valuable advice for anyone launching a token. Choosing the right partners — market makers, exchanges, VCs, etc. — is critical for navigating the complex world of token launches. For founders, especially those coming from a Web2 background where product reigns supreme, this shift in thinking is crucial for success in the Web3 space. Eric's talk was a timely reminder that while building a great product is important, understanding and implementing effective tokeconomics is essential for long-term sustainability and growth. Thank you again, Eric, for sharing your expertise and insights. Looking forward to seeing this in action in The CryptoOracle Collective Accelerator in 2025! Click here to become a member of The?CryptoOracle Collective ?https://lnkd.in/d8NUEpcT #web3 #crypto #AI #tokeconomics #productdevelopment #startups #founders #venturecapital