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

Social media in ICOs


All the ICOs to date have recognized the requirements of social media, and the need to communicate and connect with their audience. The following images are a sample of social media platforms used by various ICOs.

Figure 2: ICONOMI social media platforms: Medium, Facebook, Twitter, LinkedIn, Reddit, and Slack

Figure 3: MobileGo social media platforms: Twitter, Facebook, Google+, Slack, and Telegram

Figure 4: Humaniq social media platforms: Facebook, Twitter, Instagram, GitHub, YouTube, Slack, LinkedIn, and Telegram

Figure 5: Bancor social media platforms: Twitter, Facebook, Medium, YouTube, Steemit, LinkedIn, and Reddit

So, what should one do? How does one balance between not enough social media exposure on the one hand, versus overdoing it on the other. At the very minimum, an ICO should have a presence on the following: Twitter, LinkedIn, GitHub, a video platform, a blogging platform, an instant messenger platform, a community forum, and a channel:

  • Twitter is a must. It...