Exposé: the source of crappy #tokenomics
▻https://hackernoon.com/expos%C3%A9-the-source-of-crappy-tokenomics-97f9c3931a6?source=rss----3a
Usually, when someone tells us they haven’t figured out the tokenomics model for their #ico whitepaper, it turns out they are simply trying to do something illogical. They had discussed it internally and someone heard something from someone and repeated it, and like the broken telephone game, by the time they called it “tokenomics”, it made no sense.Originally, I thought the problem was derived from intelligent software engineers who were afraid to admit that what the crypto-fanatics were saying was illogical, for fear of seeming stupid. Because they could not understand the non-math being pushed by crypto-fanatics, and they didn’t want to appear dumb, they repeated the same approximate phraseology to clueless CEOs, who, likewise didn’t want to appear stupid, and thus a delusion was born. (...)