Book Image

Tokenomics

By : Sean Au, Thomas Power(GBP)
Book Image

Tokenomics

By: Sean Au, Thomas Power(GBP)

Overview of this book

Tokenomics is the economy of this new world. This is a no-holds-barred, in-depth exploration of the way in which we can participate in the blockchain economy. The reader will learn the basics of bitcoin, blockchains, and tokenomics; what the very first ICO was; and how over a period of 5 years, various projects managed to raise the enormous sums of money they did. The book then provides insights from ICO experts and looks at what the future holds. By comparing the past, current, and future of this technology, the book will inform anyone, whatever motivates their interest. The crypto shift of blockchains, ICOs, and tokens is much more than just buying bitcoins, creating tokens, or raising millions in a minute in an ICO. It is a new paradigm shift from centralized to decentralized, from closed to open, and from opaqueness to transparency. ICOs and the creation of tokens during the craze of 2017 needed a lot of preparation, an understanding of cryptocurrencies and of emerging legal frameworks, but this has spurred a new movement to tokenize the world. The author gives an unbiased, authoritative picture of the current playing field, exploring the token opportunities and provides a unique insight into the developing world of this tokenized economy. This book will nourish hungry minds wanting to grow their knowledge in this fascinating area.
Table of Contents (18 chapters)
Tokenomics
Contributors
Preface
Index

Chapter 12. The Future

"The best way to predict the future is to study the past, or prognosticate"

– Robert Kiyosaki

With all the excitement generated in 2017 from the ability to raise large sums of money more easily, quickly, and in a way never seen before, and as new ideas surface and technology marches forward, the question now on everyone's lips is: where to from here? The key to answering this question is not with random guesses but with careful observation, combined with an understanding of how we got here and why.

We conclude our journey by coming full circle and back to where we started with bitcoin, the technology that opened up this whole new world. We will then look at where tokens will take us in the future, before taking a more holistic view of the crypto phenomenon.

This chapter can be summarized as follows:

  • There is only one bitcoin

  • The Internet of Tokens

  • Future technologies

We got to where we are today with bitcoin and many people often forget this...