> For the complete documentation index, see [llms.txt](https://metya.gitbook.io/metya/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://metya.gitbook.io/metya/problem-statement/consequences-for-token-economics.md).

# Consequences for Token Economics

* Insufficient non-speculative demand: No spend scenes + unverifiable contribution → demand tied to price cycles.
* MM vs. sell pressure: Without organic absorption from consumption, new emissions (rewards/unlocks) pressure markets.
* Retention & repurchase weak: Rewards-only users don’t convert into members with perks/points/cashback.
* Ecosystem imbalance: Creators/merchants lack transparent, predictable rev-share; the content→consumption→cashback loop stalls.