EP 17: What makes a good token economics, so investors will invest in it?
Token economics or tokenomics set up the economy of a crypto project by creating incentives for the hodlers of the token and defining the utility of the tokens, a major factor behind their demand. A proper understanding of tokenomics under your belt provides you with fundamental skills to evaluate a crypto project. With their docs or white paper, you can get an insight into the supply and demand of tokens. You will be able to figure out how their team is driving demand for the token and rationally analyze its future prospects.
A cryptocurrency project's tokenomics play a significant role in its success. But what does the term actually mean? What qualities distinguish a strong token economy? In this episode, our guest Arthur Cheong, a DeFi investor answers both questions. On top of that, he also shares with us his top 3 projects with good token economics, his opinions on yield farming, and advise when designing tokens.
Want more in-depth content? Join our Token Economics 201 course at www.academy.economics.design!