Web3 business model mistake? Counting tokens as revenue. N

Bullish

--・1.8k views

Web3 business model mistake? Counting tokens as revenue. Not making any real $$$. Let me explain: – You acquire $1MM in tokens via utilities and realize it as "Revenue" Technically, it's revenue, but it's not dollars. That $1MM? Try selling it on the DEX and check your chart. Try selling it on the CEX and check your chart. No liquidity in the pool? You're SOL. Don't end up token-rich and cash-poor! When you end up with a ton of tokens... ...but no dollars–it's game over! I've been there, done that 😂 #WIF #BusinessStrategy #web3crypto #founder

Web3 business model mistake?
Counting tokens as revenue.
Not making any real $$$.
Let me explain:
– You acquire $1MM in tokens via utilities and realize it as "Revenue"
Technically, it's revenue, but it's not dollars.
That $1MM?
Try selling it on the DEX and check your chart.
Try selling it on the CEX and check your chart.
No liquidity in the pool? You're SOL.
Don't end up token-rich and cash-poor!
When you end up with a ton of tokens...
...but no dollars–it's game over!
I've been there, done that 😂
#WIF   #BusinessStrategy  #web3crypto  #founder  