Tokenomics in the Metaverse: A deep dive into Web3.0 economies

Economies are not built upon FOMO but sustainable game theory. Metaverse hype inflation couldn’t be sustained for long because the problem with the over-justification effect is that the reward equation eventually fails because the intrinsic value proposition that we get doing such things fades away as the environment turns familiar. So, the land for sale, NFTs for sale, users staking tokens, and receiving an n% of returns turned out to be monotonous, and you need motivation, not monotony, to make people stick to your ecosystem.