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

The launch


The ideal outcome is that your ICO begins seamlessly on the date on which it was promised. This alone is already a mark of the solidity of your outfit. In fact, ideally most of the preparations will be in place before even announcing the ICO date, to ensure the launch date does not have to be deferred. However, you should defer your ICO if you cannot check off the majority of these elements of your marketing activity:

  • Have two-thirds of your soft cap, that was promised, before you launch: if you can achieve this with the blessing of some significant investors, who may even be prepared to offer you a testimonial, so much the better

  • Ensure your white paper is published well in advance of your token sale and that you work hard to share it with key influencers and investors

  • Bounty campaign running: it is essential that friend-to-friend functionality is in place

  • Airdrop running: it is essential that the automated and instant functionality of a targeted airdrop is in place

  • Dashboard built...