With most tokens losing value over time and many hacks and scams in the web3 space, all the market participants are worried for a reason.
Every project launching a token faces an extensive list of questions when it comes to token creation and distribution.
Some of the questions and challenges when launching a token:
Some of the questions and challenges when launching a token:
What role(s) does the token play in the community?
Why should users care about the token?
What are the incentives for different stakeholders to participate in the token's ecosystem?
How can we put (technological) safeguards in place to promote long-term win-win behaviors?
How, where, and when should the token be launched?
What products, tools, and services can be used to accomplish distribution goals?
Is the technology in the market safe, easy to use, powerful, and affordable, or should it be custom-made/built in-house?
How to ensure the token is valuable and performs its function in the long run?
How can governance be successfully facilitated and the continuing development of the protocol safely stewarded?
How to ensure the treasury is secure and transparent?
Simply put, how to manage the token's lifecycle with a peace of mind guarantee?
All of these questions and doubts can be summed up in a crucial challenge that presents itself to every token project:
How do you design a system in such a way that stakeholders’ incentives are aligned, AND which technology should be used to achieve this in a secure, easy, and powerful manner?
To solve that challenge, Streamflow has developed a comprehensive product suite that fully aligns token incentives throughout the lifecycle.
Next: Solution