Thoughts upon the new tokenomics published by MyShell

[plush dew]

Today, MyShell released an updated edition of its tokenomics on Twitter. I would like to invite you to share your insights on this innovative structure for a robust discussion.

From my perspective, the new tokenomics aligns with the previous version, suggesting that the economic flow within MyShell's ecosystem is likely to predominantly converge towards the Creator, whether it be the Bot Creator or future app Creators.

Understanding the intricacies of these tokenomics is crucial for anyone seeking to establish a foothold within this economic system. Rest assured, I will update this post daily with any new findings of mine. I look forward to engaging in a fruitful dialogue with all of you.

Official document link: https://docs.myshell.ai/

[hushed nexus]

this is cool, i'm gonna take a read

[versed sorrel]

You're correct , the MyShell whitepaper states that 40% of $SHELL distribution is allocated to Community Incentives. This supports your view that the economic flow within MyShell's ecosystem is likely to mainly converge towards creators.

[plush dew]

The most significant alteration in the new tokenomics is the introduction of an additional sector elucidating how Shell Coins will be expended, such as on traffic, membership, and patronage.

The traffic and membership components are relatively straightforward. However, the patronage aspect adds a fascinating dimension. Even in the absence of any public bots or public widgets (potentially models in the near future), one can still participate in the entire economic system. This implies a substantial increase in the number of potential market participants, enhancing the liquidity of the token.

Concurrently, the intrinsic and utility value of the token will continually appreciate with the enhancement of liquidity. In the future, the liquidity of Shell coin will further increase. As the project's infrastructure continues to improve, an increasing number of investable sub-projects will emerge. Today, you may invest in the Bot itself, but in the future, you could potentially invest in widgets, creators, basic models, thus opening up a realm of infinite possibilities.

[hushed nexus]

To clarify, patronage functions like early seed investment for the AI Bot that I wanna invest in right>

[merry sigil]

Yes! This kind of seed investment is a fun way to play! It depends on a kind of personal judgment or personal preference, and I believe in its strength and excellent stability. Therefore, I believe that technology is a reliable productivity, and workflow is also an important technology. It requires insight into needs and understanding of costs. This is A complex but worthwhile investment, which also gives investors a sense of security

[hushed nexus]

that's cool, thanks for explaining, feeling like there is still much to learn, especially the cost side is still very mysterious now

[plush dew]

I guess so. You could view it as a securities exchange where each Bot (be it a Bot, widget, or Creator) represents a stock within the exchange.

Although the official team has not yet disclosed more gameplay, typically purchasing patronage indicates your optimism about the Bot's potential for value appreciation. If the Bot performs well, you will reap the benefits, akin to investing in a company.

Indeed, the official team's future plans to launch AI apps suggest that we are genuine investors, investing in the next generation of AI apps within the MyShell app store. This mirrors early internet practices where, as an investor, you could even participate in the app development process.