Most web3 projects depend on token sales to make money.

This is a wrong approach and is NOT sustainable.

There's a better way:

You see, raising money through initial token sales will increase the token's price.

But the fundamental principles of such a business don't change just because it's in web3 and raised money this way.

The key premise should still be to add value to customers by solving a real problem they are facing.

And in the process, charging a small fee that they would happily pay.

This is THE ONLY way to build a sustainable web3 business.

Otherwise, the token price will crash down to zero in the long run.

We have seen this way too often in 2022.

#fundraising #CryptoApril