Crypto Tokenomics 101: Everything You Need to Know 2023
DYOR
November 13, 2023

Grant and 563 are back again, this time discussing their thought process when thinking about tokenomics, and token design and how this affects their decision when making an investment in specific crypto projects.In the early days, there was Bitcoin. Then came Ethereum and ETH which enabled a wave of new altcoins in DeFi to experiment with inventive ways to reduce volatility and increase user incentives.

In this episode, we will cover the following:
Tokenomics is the study of the economic factors that influence the value of a cryptocurrency token. It is a combination of the words "token" and "economics". Tokenomics takes into account a variety of factors, including:
Token supply and distribution: How many tokens are in circulation, how they were distributed, and how they can be obtained.
Token utility: What can the token be used for? Is it used to access goods or services within the project's ecosystem, or is it simply a speculative asset?
Token burning: Does the project have a token-burning mechanism in place? This can help to reduce the supply of tokens and increase their value.
Staking and other rewards: Does the project offer rewards for holders of its token? Staking and other rewards can incentivize people to hold tokens for the long term, which can help to support the token's price.

Opening MetaMask...
Confirm connection in the extension

The current connected wallet does not hold a LARP. To get access to the Meal Deal please connect a wallet which holds a LARP. Alternatively, visit Opensea to purchase one or visit Join the Meal Deal to purchase a subscription

Table of contents
Prices
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.