W3A PRO | How To Invest In Application Tokens Successfully 🚀
Prepare for life-changing money
GM PRO DOers!
Who’s ready for the next crypto bull run? 🚀
We've mentioned before that we believe we are in the early stages of the next cycle. We're here to ensure you're prepared to capitalize on the opportunity. 🌊
As a follow-up to our “A Framework To Successfully Invest In Web3” report we shared last month, today we're digging deeper into the risk curve, sharing insights on how to invest in application tokens. These are essentially all other fungible tokens in the space!
While I wouldn't recommend going all-in on any of these tokens at this moment, now is the perfect time to educate yourself 🧑🎓 and begin determining which tokens to invest in for the upcoming cycle.
Those who put in the work now will reap the most benefits. 😀
Those who wait until the hype cycle is upon us may miss the boat. 😕
As usual, at Web3 Academy, we want you to be at the forefront and stay ahead of the curve. So today, we’re exploring how to successfully invest in application tokens.
By reading this, you'll gain a deeper understanding of:
What application tokens are,
The flow of capital in crypto,
A token’s function,
What to analyze before looking at tokenomics,
How to ensure that a token captures the business' growth.
Also FYI, this is an excerpt (1 module out of 6 🤯) from an entire investing course that Web3 Academy will be launching in the next 30 days!
We believe this is going to be the greatest investment course in web3 and crypto.
As you’re a PRO DOer, we wanted to give you a HEFTY discount and early access to this course, because, well, you’re amazing.
All you need do to get the discount + early access, is hit us with a GM by replying to this email. 🚀
What Are Application Tokens? 🤔
Application tokens represent use cases built on top of blockchains. They're not native tokens acting as currencies for a blockchain (like $BTC, $ETH, $SOL), but they symbolize applications, protocols, communities, and even DAOs or social tokens.
You might liken them to stocks, given the range of sectors these tokens represent—gaming, staking, metaverse, social, etc. However, they're programmable and can offer more functions than just equity and governance, unlike traditional stocks. 📈
Imagine owning shares in your favorite website or app, but those shares do more than just fluctuate in value. That's what application tokens are all about. 🌐
Think about buying Amazon ($AMZN) or Netflix ($NFLX) shares to invest in these businesses. Similarly, you can purchase tokens such as $UNI for Uniswap or $RPL for RocketPool.
These tokens represent your slice of the pie in these blockchain-based applications. 🥧
As these applications grow and prosper, so does the value of your tokens. (Note, this isn't the case for all tokens, but we'll delve into that later in this report).