Crypto Projects Turn Up the Heat with Scarcity, Tokenomics Overhauls
BlockDAG's presale has taken an interesting turn with the introduction of a ranking system that gamifies buying. The system, which ranks buyers from Crab to Kraken based on their position size, offers a unique incentive for early investors to accumulate more tokens at the Stage 1 price of $0.00002.
Kaspa and Cosmos, two other technical projects in the crypto space, are also making moves to boost their prices. Kaspa's market capitalization is around $740 million after a block reward reduction on August 5 reduced new issuance, creating a scarcity event that holders closely watched. Despite this, Kaspa has traded under a descending trendline since May and remains below its 2024 record near $0.207.
Cosmos, on the other hand, is working to shift from an inflationary governance token to a deflationary, revenue-linked asset through a tokenomics overhaul. The Cosmos community is also exploring new partnerships, including one with Zeeve to simplify tokenized asset deployment for institutions.