What is Tokenomics and Why is it Important?
Key Takeaways Tokenomics is the strategic blueprint governing token flow, value accumulation, and behavior incentives within a blockchain economy. Key components include token supply, utility, distribution, incentives, and token burns. Game theory ensures trust and cooperation within decentralized platforms by aligning economic incentives. Successful examples: Bitcoin and Ethereum. Risks of poor design: Terra and STEPN. […]
Web3: The Advent And Advancement
Creating an internet owned by no one yet contributed to by everyone is bound to have problems related to security- something many believe that the builders of Web3 may not be equipped with.