RE: Why Capped Tokens Are A Bad Idea
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Good article. I think the issue of tokenomics is complex in one sense and simple in another. Depends on how you approach it. I also have opposing views of NFTs that are immutable. I think this part of the economy is not balanced as yet and needs looking at. The issue is the balance of people wanting to purchase assets compared to those who want to use them to maybe combine. upgrade, Redeem them for a product/service, etc. These things will be better in 10 years
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Certainly there is a lot of progress still to be done. I agree with you about NFTs (and other assets) where it is all about price go up and not really the utility they provide. The biggest is ownership of something digital and what it means. Here is where the economy surrounding these assets has to be developed.
But tokens are ownership of something. That is a major step forward.
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