Choosing the Right Token Design Service for Your Project
Building a successful project in the DeFi or Web3 space requires careful consideration of the token design. Tokenomics play a crucial role in shaping the incentives, distribution, and overall sustainability of your project. To assist you in this process, Deus Ex DAO offers a range of token design services tailored to meet your unique needs. In this article, we will explore three key services offered by Deus Ex DAO: Basic Token Design, Guided Token Design, and Bespoke Token Design. By understanding the features and benefits of each service, you can make an informed decision on which one best aligns with token design goals.
Basic Token Design
If you already have a token design and are seeking expert feedback and auditing, the Basic Token Design service is an ideal choice. This service provides you with the opportunity to have your existing design audited by Deus Ex DAO’s token design experts. Through two 45-minute calls, you will receive valuable feedback on your token distribution, sinks and supply and liquidity mining. Additionally, you can leverage the Token Ideation and Tokenomic Spreadsheet templates provided by Deus Ex DAO to optimize your design. The Basic Token Design service ensures that your tokenomics align with best practices and industry standards, setting a solid foundation for your project’s success.
Guided Token Design
For teams seeking a collaborative and comprehensive approach to token design, the Guided Token Design service offers a three-month engagement. This service involves a thorough intake process using Deus Ex DAO’s Token Ideation Model to identify objectives, stakeholders, and value flows specific to your project. Through bi-weekly calls with Deus Ex DAO’s token design experts, you will work together to create a sustainable model that considers distribution, incentives, sinks, and supply and demand dynamics. The Guided Token Design service ensures ongoing support and guidance throughout the three-month period, with asynchronous support available via Telegram or Discord. This collaborative track empowers your team to design and optimize the optimal token economy for your project.
Bespoke Token Design
If you prefer to outsource the token design process entirely and desire a customized solution, the Bespoke Token Design service is the right choice for your project. Deus Ex DAO’s team will conduct a thorough intake process using the Token Ideation Model to understand your project’s objectives, stakeholders, and value flows. Based on this understanding, they will create a tailored and sustainable tokenomics model that considers distribution, incentives, sinks, and supply. The service includes the preparation of an initial design proposal that undergoes iterative refinement based on your feedback. The final deliverables provided by Deus Ex DAO include comprehensive non-technical documentation, modeling, and Investor Token Documentation to support your fundraising efforts. Throughout the three-month engagement, you will have regular bi-weekly calls with token design experts, ensuring continuous collaboration and support.
Conclusion
Choosing the right token design service is a crucial step in building a successful DeFi or Web3 project. Whether you require auditing and feedback, collaborative guidance, or a fully outsourced solution, Deus Ex DAO provides the expertise and support necessary to design a sustainable and effective token economy. We encourage builders to engage with us, since we are a team of DeFi natives who actively strive to bring the DeFi and Web3 to the next level. If you need further assistance with choosing the right service for you, please contact us here. In case you already made up your mind and want to dig in, visit our Tokenomics page.
