EOS will be on 5-10U in the future, a new ecological narrative in 2024: a new token economic model, deeply integrated with the Bitcoin ecosystem
EOS Ecology 2024 New Narrative: New Token Economic Model, Deeply Integrated with Bitcoin Ecology
Tokens are the soul of blockchain.
For various Web3 projects, tokens are the economic incentive mechanism of the blockchain and the core pillar to achieve decentralization. A complete token economic model is the key to the project's success and long-term sustainable development.
For ordinary users, before deciding to participate in a project, it is a critical step to carefully evaluate the token economics of the project. Only by fully understanding the project's ingenious design of tokens can we further improve the success rate of our investment.
Six years ago, there was a phenomenal blockchain project that raised US$4 billion in crowdfunding around the world with its advanced technical logic and exquisite token design. This project was EOS, which was once a popular project. In the past six years, the industry has developed rapidly, and EOS has not disappeared or stagnated. Under the leadership of the EOS Network Foundation, EOS Labs, etc., it has actively responded to market changes and explored a development path that is more in line with EOS ecological interests and market needs. Today, six years later, in response to the issue of the core soul token mechanism of the blockchain, EOS proposed a new token economic model, which attracted widespread attention from the community once it was launched. According to OKX market data, after the news was announced, EOS briefly exceeded $0.95, rising by more than 12% in one hour.
From getting rid of the inflation model, significantly reducing the token supply by about 80%, and then to the new token distribution mechanism, it is not difficult to see that the launch of this new token economic model not only includes the long-term market research intentions of the design team behind it, but also demonstrates EOS’s determination to subvert the past and embrace the future.
This article will take an in-depth look at the new token economic model of EOS and the future planning of the EOS ecosystem, including EOS RAM, EOS EVM, and the integration exploration of EOS and Bitcoin ecology, and explore the future development opportunities and challenges of EOS.
Interpretation of the latest EOS token governance model
Generally speaking, the evaluation of token economic models is mainly carried out through the following four dimensions:
Token supply (supply side)
Token utility (demand side)
Token distribution (holding objects)
