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00:00:00 – 00:34:46
The video provides a comprehensive analysis of the tokenomics of Caspa (ticker symbol K) using an in-depth rubric developed by the host's team. Key aspects evaluated include Caspa's token utility, token distribution, economic incentives, market metrics, and its strengths and weaknesses. Caspa scores highly in accessibility and potential market cap growth but faces challenges in staking rewards and inflation. The evaluation highlights the importance of considering a project's community, technology, and development roadmap alongside its tokenomics. Overall, Caspa is rated better than average with a final score of 3.4. The host underscores that perfection in tokenomics is unrealistic, even for major projects, and introduces a purchasable rubric to standardize tokenomics evaluations across various cryptocurrencies.
00:00:00
In this segment of the video, the host expresses excitement about conducting a live, comprehensive tokenomics analysis of Caspa (ticker symbol K) using an in-depth tokenomics rubric created by their team. The rubric, which took 50 hours to develop, is designed to facilitate detailed, systematic evaluations of various crypto projects. This rubric is available for purchase at $9.95, but viewers can also create their own version by watching the stream. The host shares the screen to display the rubric, explaining that it allows for a thorough comparison of tokenomics across different projects, ultimately providing a score for objective comparison. The host emphasizes the significance of tokenomics in evaluating crypto projects, despite it not being the only factor in fundamental analysis. The analysis starts with the section on token utility, where multiple evaluation aspects are considered.
00:05:00
In this part of the video, the speaker discusses the token utility aspect of a cryptocurrency called Caspa. They explain how different factors, such as necessity, exclusive features, and discounts, are given different weight scores in evaluating the token’s utility. Caspa scores a five for necessity, as it’s required to access the protocol, but only a one for exclusive features and discounts since it doesn’t offer any. The segment also covers Caspa’s proof-of-work mining process, which earns a high score due to its accessibility, despite the competition. Governance is given a low importance score of one. Overall, Caspa’s token utility section receives a total score of 4.11 out of 5. The speaker then transitions to discussing Caspa’s supply and market cap using CoinGecko, examining its circulating supply versus maximum supply.
00:10:00
In this part of the video, the discussion focuses on evaluating the tokenomics of Caspa. Key points include the absence of a vesting schedule and insider allocations for this proof-of-work mined cryptocurrency, which results in a rating of five. The distribution of Caspa is analyzed, revealing that the top 100 addresses hold between 20-40% of the tokens, leading to a rating of three. The inflation rate of Caspa is calculated to be around 14% annually, indicating high perpetual inflation but decreasing yearly, which earns a rating of two. The market cap growth potential is compared to Ethereum, showing significant growth potential with a score of four in this area. Finally, the token unit bias is noted, with Caspa valued at around 12 to 13 cents, resulting in a rating of 3.9. Overall, Caspa scores highly in several important areas.
00:15:00
In this part of the video, the speaker discusses economic incentives within tokenomics, specifically focusing on staking and proof-of-work mining rewards. They demonstrate the Caspa mining calculator, comparing its profitability against other coins such as Monero, Ethereum Classic, and Varus Coin, concluding that Caspa offers lower rewards. The speaker adjusts their rating for Caspa’s mining rewards and notes the absence of token burns and transaction fees flowing back into the ecosystem. They highlight the importance of considering market competitiveness and clarify that token appreciation should not influence mining reward evaluations. Finally, they touch on ecosystem growth, questioning the presence of grants and events for developers.
00:20:00
In this part of the video, the speaker discusses various aspects of a project named Caspa. A community marketing fund of $750,000 is allocated to promote creative content and community marketing, but it’s noted that the capital is not as significant as that of larger projects like Solana. The absence of a transaction tax or penalty on selling is highlighted, and various scores are given to different metrics: a neutral score for the business model to drive token demand, and adjusted scores for mining rewards informed by viewer comments. Moving onto market metrics and liquidity, Caspa is available on several exchanges like BingX, Mexc, and Gate.io, earning a score of four for accessibility. Its trading volume is 35 million, far from Bitcoin’s volume, earning it a score of two. The volume-to-market cap ratio is calculated at 0.0127, which is considered pretty good. However, liquidity pools and market makers are insufficient to ensure low price impact, leading to a score of two.
00:25:00
In this part of the video, the speaker discusses the evaluation of a token including looking for signs of pump and dumps and overall market manipulation by examining long-term charts. They then perform a SWOT analysis of the token, identifying its strengths, weaknesses, opportunities and threats.
Strengths include strong community hype; weaknesses are its limited utility compared to other layers; opportunities lie in the open proof-of-work niche; and threats include forks and heavy competition from other projects. The overall evaluation is summarized with weighted factors, concluding with a final rating of 3.4, which is considered better than average.
00:30:00
In this part of the video, the speaker discusses the tokenomics of various crypto projects, emphasizing that while the tokenomics might not be perfect, it’s unreasonable to expect perfection given that even major projects have flaws. They highlight that tokenomics shouldn’t be analyzed in isolation and that other factors like community, technology, roadmap, and team are crucial for a project’s success. The speaker introduces a tokenomics rubric created by their team member Adrien, available for $9.95, to help standardize the evaluation process across different projects. The rubric offers a comprehensive analysis beyond just the superficial aspects of tokenomics. They also touch on the recent buzz around Caspa and its forks in the market, acknowledging divergent opinions on its impact. The session concludes with an invitation for questions and a promise of a different focus in the next stream.