The What and Why of Tokenomicsby@solananoob
443 reads
443 reads

The What and Why of Tokenomics

by Aifediyi Victor6mDecember 9th, 2022
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

The word tokenomics is derived from two English words - Token and Economics. It is a well-thought-out plan that aims to influence how users interact with a coin or token. Bitcoin's tokenomics gives us a glance into a project’s future and helps us play the long game of crypto. Bitcoin is a case study of tokenomics, and the design of its tokenomics was created in the early days of the blockchain. It was created by Satoshi Nakamoto in 2008, and it was programmed to be 21 million coins released into circulation. However, not all all of these coins were programmed to have 21 coins added to the blockchain every ten minutes.

People Mentioned

Mention Thumbnail

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coins Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - The What and Why of Tokenomics
Aifediyi Victor HackerNoon profile picture
Aifediyi Victor

Aifediyi Victor

@solananoob

I am a blockchain enthusiast and writer.

L O A D I N G
. . . comments & more!

About Author

Aifediyi Victor HackerNoon profile picture
Aifediyi Victor@solananoob
I am a blockchain enthusiast and writer.

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite