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

A new era of ICO innovation


ICOs may be a relatively new and complex phenomenon but with all the talk of doom and gloom, this hasn't prevented ICOs from continuing to innovate. There will be diamonds in the rough. There are two levels of innovation: firstly, the ICO mechanism itself and secondly, the blockchain-based technology where innovative products and services are created, with almost always a token in tow.

In fact, if you cast your mind back to March 2006, when Twitter first appeared on the scene, or even back to February 2004 if you are a Facebook fan, it wasn't until around three-to-four years later that these companies really found their groove and user adoption started. Now, Twitter and Facebook are household names worldwide.

Facebook and Twitter didn't have all the answers when they first started and neither do all these companies trying to tokenize everything in their path. However, the potential for a handful of companies somewhere out there to discover real applications is exciting...