According to Docsend, the exchange comparison section was very popular. So, for ease, feel free to check out this 5-page extract, which only features the exchanges compared against each other.

Report: https://docsend.com/view/7i643ye9yzfqx6zs

Real Look at Listings: Charts Only

We took all the charts from our report and put them into this 20 page summary, with the hottest stuff at the start. This one should be easily digestible 🤝

Report: https://docsend.com/view/z8uwdvpch8fusjz5

More IDOs lined up this week compared to the previous few weeks, projects are getting ready for launches at an increasing rate.

Dump sizes are down since last week as the market continues its rally.

This week's market has given plenty of opportunity to find a 2x bag.

A major raise closed this week that surpassed the combined investment volume of the previous two weeks - Celestia, led by Bain Capital.

Polkadot just launched Agile Coretime, revamping how projects scale and use resources in the Polkadot 2.0 ecosystem.

Do you think the move to Polkadot 2.0 will give $DOT a shot at being top 10 coin by market cap?

Some decent returns amongst the top IDOs / IEOs this week for the first time in weeks.

1️⃣ Let's do some quick maths:

• You're a new NFT marketplace on an unlaunched chain.
• You want to sell 5,000 Access Tier NFTs at $250 each.
• You charge 5% fees on transactions.
• You give 20% of that fee to NFT holders.

How much volume would you need to have in order to make your NFT buyers profitable?

$125M.

That's more than Opensea in the last 3 months, with a volume of $122.9M.

2️⃣ Now, let's do a quick thought experiment:

What do you think will happen when these NFT buyers realise it will take them ∞ months to become profitable?

You'll drown in FUD.

Token ⤵️
Reputation ⤵️
Your future ⤵️
Regulators 👊🚪

Which type of token modelling is better for you?

→ Deterministic: $ w/ Excel. Ok for a high-level overview.

→ Stochastic: $$ w/ Machinations. Allows randomness and recursion to see how variables affect a token.

→ Agent-based: $$$ w/ cadCAD. Models individual actions with capacity for super complex systems.

Full article

With AutoLayer and MetaVirus featuring for a second week in a row, we only see 1 new IDO lined up. Is the market slowing down?

How to increase token price post launch.

Can you spot the 2 problems?

1. Obvious - very short vestings. Inherently not a concern if the FDV is small and allocation minimal, but given the $30M FDV and average 22% allocation, can cause sell pressure problems.

Solution: lengthen vestings, or if raise confirmed already (like with our client above), then increase liquidity allocation to absorb selling.

2. Strategic round has less discount, but total vesting is almost half of Private, making the latter extremely unattractive.

Solution: lengthen Strategic vesting, as shortening Private would cause greater problems a la point 1.

Despite the market wide upturn we're still seeing some big dumps this week.

There's once more been many opportunities to find a 2x investment, especially in the meme sector.

After calculating net buy pressure as a function of the utilities, economy, and financials, we can, to the best of our ability, conclude that, ceteris paribus, the token will retain $34M in value, giving us a fair FDMC. Next: work backwards to build the rest of the tokenomics.

Token holders (random traders, speculators, etc.) can be acquired very quickly & cheaply, and they add a lot of initial value (token holders, DAU, volume, TVL, lower sell pressure), however, you have limited time to get real users to take over token holders before the latter leave for a shinier project, dumping your token to $0.

Full article

Dual token economies are useful in cases when your token, that typically will experience significant price volatility, needs to be stable. But how do you get around the conflict of interest between different token holders?

You have to tie their values together directly or indirectly - e.g. don't split up the token holders in governance proposals, or make the actions of one boost rewards for the other and vice versa.

Or force them.

Full article

After we revamped their tokenomics, they closed their Angel round in two weeks. Can you spot the 3 problems we solved?

1. Total investor allocation is 45% - very high. Even though 15% of that is via IDO, that leaves 30% for other VCs. FDV is $65M, which means there is around $30M worth of sell pressure from investors.

Solution: if you need to raise a lot, reduce investor discounts, or increase valuations per round. But note, most projects don't need to raise as much as they think.

2. Angel round valuation is 6.5x cheaper than Community. This makes it unappealing especially to launchpads because there's no incentive for Angel round investors to wait until higher prices. Launchpads want to protect their community from dumping.

Solution: if unraised (like with client above), increase valuation of Angel, or drop FDV. 3x discount is ideal.

3. Raising $9.75M from launchpads is only possible if you go on Coinlist or Fjord (avg. size $9M, $6M, rsp.), or you raise from the top 20 launchpads all at once (wont happen because LPads want exclusivity + less sell pressure from other LPad communities).

Solution: raise this money from VCs (worse allocation optics), or conduct an ICO from your own site (regulatory concerns), or conduct a Node/NFT sale (utility/returns problems), or simply raise less (raise less). Cost benefit analysis depends on strategy, product, users, etc.