I hope you do, cuz it does go pretty deep into creating an economic cycle for threads. Again, the product is just an example, it's the economic cycle that's important. Any vanity product that can be bought with the underlying token will work.
Vanity simply means that it is a purely aesthetic purchase that doesn't provide any real asset and is completely an expense. For example, buying a Dasani instead of just filling a jug to carry with you is a vanity expense. You want the water, but willing to pay extra for the unnecessary bottle. Vanity products are ways of taking advantage of the human nature to want more than is required to serve a purpose.
I hope you do, cuz it does go pretty deep into creating an economic cycle for threads. Again, the product is just an example, it's the economic cycle that's important. Any vanity product that can be bought with the underlying token will work.
i wil.
Can you think of an alternative name to Vanity product?
Vanity simply means that it is a purely aesthetic purchase that doesn't provide any real asset and is completely an expense. For example, buying a Dasani instead of just filling a jug to carry with you is a vanity expense. You want the water, but willing to pay extra for the unnecessary bottle. Vanity products are ways of taking advantage of the human nature to want more than is required to serve a purpose.