GM DOers!
SaaS Tokens > NFT Marketplace Tokens
For once, let’s talk about a token with some real and innovative utility.
Rocket Pool's token has some very interesting tokenomics that I’m excited to share.
In contrast, a few weeks ago I broke down the tokenomics of $BLUR, $LOOKS and $X2Y2 in PRO.
If you listened and understood the tokenomics, rather than blindly following the hype, you would have saved yourself from this disaster…
$BLUR is down 30% since that PRO report went out.
Now, I’m not a trader or short-term investor by any means - that takes a whole different type of skill to master.
However, I do understand supply and demand dynamics, and how tokenomics can play a role in that.
When you combine that with understanding the long-term trends of certain technologies and sectors within a technology, generally, you can do quite well.
More than anything though, you save yourself from FOMOing in on the “next hot thing”.
That said, I’m not teaching tokenomics for investment advice, but instead to understand how to incorporate tokens in your own business, as well as uncover what’s sustainable and what’s not in this industry.
A side-effect of that is staying clear of the garbage and capitalizing on opportunities 🤷♂️
Today we’re talking about $RPL, the native token of Rocket Pool. A token that has interesting tokenomics, facilitates a strong product, and is within an industry that I believe is part of an “up only” secular trend for years to come.
Not to mention that it’s at a critical point in the industry, which you should understand if you read last week's PRO report on the Staking-as-a-Service Industry. (If you haven’t read it yet, I recommend you do it before continuing this report).
Ok, let’s start by explaining how Rocket Pool’s product works and then we’ll dive into $RPL tokenomics and how the token is bootstrapping their ecosystem.
Enjoy!
Rocket Pool’s Killer Product
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