business@nmkr.io
Tokenomics, short for token economics, refers to the economic principles, incentives, and mechanisms governing the creation, distribution, and utilization of tokens within a blockchain ecosystem. Tokenomics encompasses various aspects, including token issuance, supply dynamics, distribution mechanisms, utility functions, and value accrual models, that shape the behavior of participants and stakeholders in the ecosystem. Effective tokenomics design is crucial for ensuring the sustainability, fairness, and growth of token economies and decentralized networks like Cardano.
