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How to Value Crypto Tokens: Fees, Flows or Fugazi | Roundup

Bell Curve

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The Future of Cryptocurrency

I feel like we might just be at too early of a stage of crypto where those, like what determines flows, you know, what is the leading indicator for price? I actually disagree. As soon as you move past the series A, people are valuing this thing based off of, you know,. What is your price to revenue? What is your potential for profit? Like you assume all these things, you don't ask those questions because they don't have any earnings. It would be like CAC and LTV and churn and growth rate and all that sort of stuff like that goes into the valuation.

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