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RE: Steemit Crypto Academy Contest / S6W3 - Tokenomics in the Crypto Ecosystem.

Your have tried very hard to conway all the points that you have in your knowledge and your efforts are highly appreciated.

Tokenomics is actually a study of the token background regarding various components including the supply of that token, the use cases of the token, the burning of that token and many more.

Tokenomics helps investors and traders to recognize the long-term potential of an asset or project in terms of its utility and potential for growth.

That is a very good point. With the help of the Tokenomics, the traders can understand the current market ranking of the respective token and thus it is easy to understand the likings of the market trends.

Users can study the upcoming events in the market of the particular token to understand whether it is good for long term investment or not.

Thanks a lot for sharing your beautiful post with us and I wish you a very happy contest ahead.

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