Creating a new crypto currency is extremely easy. In less than 5 minutes you can create and deploy your very own ERC20 token on Ethereum or any other EVM compatible blockchain. Does it mean that your new token will be competing in market cap with the likes of AXS or GALA? Of course not, your new token is most likely worthless.
How do you make your token valuable? In the words of Peter Thiel, how do you go from 0 to 1? In this article we are going to explore 5 different mechanisms that could help provide value for your token.
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