Understanding Tokenomics: The Real Value Of A Token

WTF is Tokenomics?? Lots of people reach out to me to ask me about tokenomics, what it is, and how to get started in it. So I thought to put this out publicly so it’s easy for people to reference. Here are my foundational takes on the topic. https://t.co/1x6Vvz0fJD

tokenomics thoughts 101/102

Incentive DesignTokenomics are a tool for aligning the incentives of participants in a network. It is extremely important to identify what behavior is required from each participant in an ecosystem in order for the network to achieve a virtuous cycle. Equally important is designing suitable token incentives that encourage the desired market behavio... See more

At the simplest level, tokens are just code that lives on a global peer-to-peer network called a blockchain. But unlike other forms of money, they’re digitally native, programmable, and secured by one’s crypto wallet and private key. Cryptocurrencies are just one type of token.