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RE: Steemit Crypto Academy Contest / S16W6: STEEM Tokenomics

Before I continue I would love to talk about to tokenomics in the world of cryptocurrency and blockchain, mere looking at the term it's obvious that it was derived from two sentences. Which are "Tokens" and "Economics".

Token is a visual asset that can be used to exchange goods and services over a long period of time, because it's usually tired to a stable asset that usually gives it enough value or worth. On the other hand Economics is a social science skills that has to do the supply, demand, the trading , distribution, production, availability of an asset or property in a chosen period of time.

Absolutely, tokenomics is indeed an interesting blend of tokens and economics. It's the study of how tokens function within a particular ecosystem, including their creation, distribution, and overall economic impact. By understanding tokenomics, one can better analyze the potential value and utility of a cryptocurrency or blockchain project.🏅

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 2 months ago 

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