How a strategist distinguishes blockchain necessity from financial ballast
The strategic approach begins with the rejection of valuing the asset by external signs. Statements about technologies, ecosystem growth, and community activity say little without understanding the economic role of the token within the system.
The first level of analysis is necessity. Is the token a mandatory element for access, calculations, or resource limitation, or can the system function without its accumulation? If the asset is easily replaceable or used formally, its value remains conditional.