
Beanie, a crypto native and VC at @gmcapital_, reflects on his experience with DeFi Kingdoms, noting that while he made millions, the project's unsustainable tokenomics led to significant losses. This serves as a cautionary tale for investors in early-stage Web3 gaming and DeFi projects, emphasizing the critical importance of carefully designed tokenomics from day one for long-term viability. Investors should prioritize projects with robust economic models to avoid similar "round-tripping" of gains.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.