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 Internet of Tokens


On the surface, ICOs can be thought of as an innovative way to raise capital or create tokens in exchange for money, but it is so much deeper than this. These tokens have unique properties, such as being open, transparent, and decentralized, not to mention being programmable! These tokens need to have a purpose or a function. The economics of the token model, the potential interaction between tokens, and the regulatory impact all culminate into this token entanglement that will help to redefine the future of tokens.

ICOs

As tokens flourish, ICOs will also flourish, but just not in the same form as the craze of 2017. ICOs will be more measured as regulations set in. Expectations will be reset, such that a website, a white paper and an idea do not blindly raise $50 million USD. If this happens, the raise will be much lower and be under more scrutiny. Investors are now savvier and more knowledgeable.

As a form of raising capital, an ICO is very powerful and spurs innovation...