What Is Tokenomics and Why Does It Matter?
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What Is Tokenomics and Why Does It Matter?
Tokenomics refers to the economic principles governing a token’s functionality and value. It encompasses various factors influencing the token, such as creation, distribution, supply and demand dynamics, incentive mechanisms, and token burn schedules. In the realm of cryptocurrencies, well-thought-out tokenomics plays a pivotal role in determining a project’s success. For investors and stakeholders, evaluating a…