From Mining Reward to Real Utility: What Makes an Ecosystem Token Useful?
Many crypto projects start by distributing tokens through mining or community participation. The harder step comes later: giving the token a real job inside the network.
InterLink is one example worth studying. Its leadership has described ITLG as a token meant to connect users with the wider ecosystem once it becomes transferable after Mainnet, with possible uses in payments, marketplaces, social apps and financial services.
From an industry view, the test for any ecosystem token is simple. Do developers build products that actually need it, and do users have a reason to use it beyond holding it? A large user base can help with reach, but it does not replace product quality.
These are stated directions, not confirmed features or dates, and plans can change.
Disclosure: I'm part of the InterLink community. This is my personal educational view, not financial advice.
What would you check first to judge whether an ecosystem token has real utility?
#InterLink #ITLG #ITL #TradFiForBeginners #AnthropicRejectsIPODelayValuationinQuestion
$BTC $ETH $SOL
Many crypto projects start by distributing tokens through mining or community participation. The harder step comes later: giving the token a real job inside the network.
InterLink is one example worth studying. Its leadership has described ITLG as a token meant to connect users with the wider ecosystem once it becomes transferable after Mainnet, with possible uses in payments, marketplaces, social apps and financial services.
From an industry view, the test for any ecosystem token is simple. Do developers build products that actually need it, and do users have a reason to use it beyond holding it? A large user base can help with reach, but it does not replace product quality.
These are stated directions, not confirmed features or dates, and plans can change.
Disclosure: I'm part of the InterLink community. This is my personal educational view, not financial advice.
What would you check first to judge whether an ecosystem token has real utility?
#InterLink #ITLG #ITL #TradFiForBeginners #AnthropicRejectsIPODelayValuationinQuestion
$BTC $ETH $SOL
