‘Deflation’ is a dumb way to approach tokenomics… and other sacred cows By Cointelegraph
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‘Deflation’ is a dumb way to approach tokenomics… and other sacred cowsHaving taught and studied token economics at the University of Nicosia, Ive found that students often have some decidedly muddled beliefs about how what tokens are and how business and token economies work.
Unlike microeconomics and macroeconomics which are based on decades of research, debate and inquiry that have produced some commonly accepted principles tokenomics is a much newer field of study full of people without economics experience.
There are many self-professed experts who provide advice that sounds fine and is often even sensible in theory but that fails in practice.
When designing a token economy, what you really want to focus on is:
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‘Deflation’ is a dumb way to approach tokenomics… and other sacred cowsHaving taught and studied token economics at the University of Nicosia, Ive found that students often have some decidedly muddled beliefs about how what tokens are and how business and token economies work.
Unlike microeconomics and macroeconomics which are based on decades of research, debate and inquiry that have produced some commonly accepted principles tokenomics is a much newer field of study full of people without economics experience.
There are many self-professed experts who provide advice that sounds fine and is often even sensible in theory but that fails in practice.
When designing a token economy, what you really want to focus on is:
Subscribe
The most engaging reads in blockchain. Delivered once a week.
Continue Reading on Coin Telegraph
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