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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Generating Network Effects With Tokens
Description: Generating Network Effects With Tokens Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Network effects increase the value of a community. The greater the network the higher the value. Tokens can be used to generate network effects through the incentives they provide. To create network effects one must overcome the chicken and egg problem. So how does one attract users before the network is fully formed? Here are some key steps to foster network effects in your community: Airdrop tokens to potential users to create an initial base...