Too Long; Didn't Read
Tokenomics can be described as the science of the token economy. The word was coined by pairing the word ‘token’ and ‘economics’ together. Tokenomics have become essential to every crypto project with a native token that’s meant to be exchanged. They have transitioned from indicating how a project plans to utilize its tokens to defining its future because tokenomics are closely linked to a project's roadmap, business model and funding schedules. With many bad actors in the cryptosphere, it has become difficult to differentiate the two.