TLDR
A well-designed token can be used to facilitate transactions within the boundaries of their ecosystem. It must be used in a manner that it incentivizes its use by people. Tokenomics is based on a deflationary cycle based on the fact that tokens run on perpetual deflationary cycles. It is advisable to keep a certain proportion of the tokens aside for functions such as upkeep of the system, legal fees, and for paying the advisors of the platform. It must also be used for the purpose of nudging up the value of the token.via the TL;DR App
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Written by Hackerhodl | VP of BD and Blockchain Editor @ HackerNoon
