Development of a tokenomics model
Developing an effective, comprehensive economic model. In the process of creating tokenomics, the principles of its functioning are developed and a functional description of smart contracts for working with project tokens is created.
Development of smart contracts
Development of smart contracts that allow you to technically implement the tokenomic model of the project.
Audit and correction of existing tokenomics models
Conducting an audit of the existing tokenomics model, conducting stress tests, optimizing processes and eliminating problems found.
Creation of a project and product description
Determination of the value and consumer characteristics of the project and product. Creation of the most accurate description of all the results of the project's activities and a conclusion on what part of these results needs to be tokenized.
Determination of the parties and their interests
Identification of all stakeholders, i.e. persons potentially interested in the project, their interests, as well as parties that may have an impact on the project.
Determining the type of token and choosing a platform
Determination of the type of token, the functions of which can to a greater extent ensure the interconnection of the interests of all stakeholders, comply with legal norms, and its technical characteristics, and the choice of the blockchain platform on which the token will operate.
Formation of a model of token movement within the ecosystem
Determination of the main mechanics that will ensure the motivation of tokenholders and stakeholders, and verification of the token model for compliance with the jurisdiction of the countries of its circulation.
Calculation of the real costs of the project and their structure
Consideration of options for business development with various amounts of attracted funds. The structure and amount of costs should correspond to the roadmap of the project.
Formation of a predictive financial model of tokenomics
Development of a financial model thanks to the detailed preliminary calculations and a comprehensive understanding of the functions and mechanics of the token in the ecosystem.
Tokenomics is the science of shaping the economy and value of tokens. The term "tokenomics" refers to all factors that can shape the value of tokens.
Tokenomics will help everyone who wants to get a fundamental analysis of any token or cryptocurrency. Thanks to the data obtained, it will be possible to conduct a comprehensive assessment of the attractiveness of the token, including the investment one.
In general, tokenomics can be divided into two parts:
The tokenomics development process is the process of finding the economic meaning of a token. How the token will be in demand by different groups of people determines its liquidity, cost, popularity. To develop tokenomics, you need to have knowledge of macro and microeconomics, as well as have technical knowledge in the fields of cryptocurrencies, blockchain technology and smart contracts.
Usually, a detailed description of tokenomics is presented in the white paper of projects. When designing and issuing tokens, each project has the opportunity to create unique tokenomics that can ensure the success of the project.
The economic model of the token is built on the basis of a business model that has a mathematical representation and has been tested for applicability and internal consistency. The development of tokenomics is closely related to the vision of business goals by the founders of tokens and / or cryptocurrencies.
Tokenomics need to be developed at a very early stage so that it shows business problems and helps avoid negative consequences. Strategic investors always study tokenomics and very often double-check the calculations and the economic model of the token.
Not all existing token models comply with the legislation of various jurisdictions and are cost-effective. Developing a good tokenomics model is extremely difficult. However, it is worth paying attention to:
The creation of tokenomics requires the skills of such specialists as business model developers, mathematicians, macroeconomists, marketers and, most importantly, IT specialists and blockchain experts – people who can transfer the meaning and logic of tokenomics into the project code.