Move-to-Earn Has a Ponzi Economics Problem

March 13, 2023

Stepn is a cautionary tale for M2E startup founders like me. But I see a better model in Sweatcoin, which leveraged real-life utility to amass over 100 million users before going on-chain, writes Iomob CEO Boyd Cohen.

Source

Spread the love

Related posts

• 

  November 22, 2024 boss 0

  From Code to $100K: Why Bitcoin’s Milestone Matters to Economics

  In the crypto universe, bitcoin’s quest to hit $100,000 feels like reaching the climactic level in...

  Bitcoin News News 

• 

  November 20, 2024 0

  The Subtle Way AI Data Centers Boost Bitcoin Mining Economics

  “I don’t think the competition for power from AI facilities will significantly impact hashprice,” Mellerud said....

  ICO News 

• 

  November 19, 2024 boss 0

  Bitcoin (BTC) Mining Economics Improved in the First Half of November: JPMorgan

  The hashprice, a measure of mining profitability, “increased 29% since the end of October as the...

  Bitcoin News News