Just Cryptoeconomics

🔔 Everyone talks price, but what actually drives fundamental value? Today Just Cryptoeconomics is extremely excited to announce the launch of the ‘Token Fundamentals’ dashboard. A foundation for developing a view of where token value comes from.

🚢 Tokens & Systems 🚢 To invest in tokens, you must understand the value and governance dynamics of the system. We've been busy growing the framework to include the system. SYSTEM = protocol + foundation + labsCo + DAO + token.. All eyes on value ➡️Dashboard launching soon!

@andyyy You called?

RETURN TO FUNDAMENTALS.

There is tendency to try to define what tokens should like in general. Analysts should work for their meal. The beauty of tokens is the ability to create unique value creating assets, whether that is equity, airline miles or WoW gold. Each product is different!

[1/7] At the Edinburgh DeFi Summit in Aug, @BenWhittle14 of @tokarchitecture and @JustCryptoecon shared practical cryptoeconomic lessons for real-world asset projects. Here's what we learned 👇

Had the pleasure to meet @blockbanzai at Devconnect and finally found the time to properly check out his project @JustCryptoecon. It’s an extremely thoughtful collection of FA and token economics resources and if you are an analyst, investor or builder with a token in the space you should check it out.

Systems engineering/theory are useful fields for token analysts. Value flow & capture are the first questions you should ask when researching projects. Tokens are value capturing tools in complex systems that create and accrue value in different places. Most projects(systems) have offchain and onchain components.

If you understand 1) system's ability to generate value 2) where system accrues value 3) relationship between system's value source <> token's function. You can start to develop a valuation model for token investing.

🌇 There is a lot more behind the scenes. Give us a follow if you want to keep up with our journey, we are here to help drive this industry towards a standard of fundamentally valuable tokens.

🖥️UI/UX When we started this journey we built a website focused on sharing ideas. v2’s site is a full rework. A dynamic, user-friendly UI/UX turning technical concepts into actionable insights.

🗺️The Token Fundamentals Roadmap v1 confirmed our strategy and core framework. v2 lays the foundation for the tool we envision. One that turns insights into action for investors. What can you expect for v2?⬇️

research ➞ ship ⬑ repeat ⤶

/9 🎯 Where is this going? Part of the v2 research is developing systems-types that helps the analyst understand the opportunity to design endogenous functionality and enable the growth of exogenous functionalities. ⬇️ Let us know your thoughts below, we love a good debate.

/8 🧭 Valuation Primer Developing a view on value comes with asking the fundamental questions first. • What value is captured by the token in the core system? • How does the system’s product/service enable the development of exogenous system economies? • What functionalities derives from exogenous systems?

🧵 1/ Token value originate from both Endogenous and Exogenous sources. Most fundamental analysts develop a token value view based on what the token does in the core economic system, but under appreciate complex external demand sources. You can design a system where users pay miners in BTC to process transactions, but demand to buy coffee with BTC is a very different type of payments functionality.