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September 19, 2023
Your checklist for when to launch a token
Figuring out when to launch a token is a critical part to your product roadmap and tokenomics. Here's a brief checklist of what to go through step-by-step, so that you'll be sure you're ready. For the full article on when to launch your token you can read here.
Checklist: When is the Right Time to Launch a Token?
- Business goals
- Have you designed your tokenomics?
- Are the external factors for your token launch ready?
Do you know what your token does and why you need it? Not every token has a real reason for existing.
How critical is your token is to your product: Does it need to be launched immediately or can it be launched at a later date?
Are your tokenomics ready? Have you modeled your agents, token supply and demand?
Have you modeled externalities and your economy?
Ensure you have the resources to manage all the moving parts of a token launch, including modeling your token, creating smart contracts, managing legal aspects, token distribution and emissions, and managing liquidity on exchanges.
Fundraising: If your token serves a business goal that needs to be achieved immediately, such as fundraising, you'll need to launch sooner.
Consider Market Conditions
Checklist: When is the right time to launch your token?
By following this checklist you'll be able to know whether you're ready to launch your token. Launching a token is complex. Make sure you can review this checklist and answer all the above questions sufficiently.
Designing Tokenomics by Yosh Zlotogorski
Web3 Research
๐งย Ethereum Audible podcast
๐ย Ethereum Research
๐ย Governance research
๐ย Tokenomics course primer
๐ย Blog