Tokenomics From Myths to Reality

codezeros.com
  • Start with describing the expectations from the product of the project, along with customer characteristics. This will enable you to assign the value of each Token accurately.
  • Locate and segregate the people who are potential stakeholders for your project. Also, identify the investors, consumers, partners, and judicial bodies that can directly impact your business.
  • With Tokenomics, you can detect the interests of various parties linked directly or indirectly with your business. With that said, always remember to note down points that could lead to a conflict of interest.
  • The next step is to discover the type of Token that will protect the interest of all parties while staying true to the legal standards and inheriting all its technical specialties.
  • Find out the blockchain platform that will support your Token’s functionality. Also, form models that will motivate stakeholders.
  • Calculate the total project fund and make sure that your project development cost follows the roadmap.
  • Sketch down the token distribution structure from the two sources of business dev funds. This is helpful in building a predictive financial model as the next step. With this model, you can have a better look at the costs and investments made on your project.

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Codezeros is a top Blockchain solution and service provider company that reinvents business with Blockchain solutions.

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Codezeros

Codezeros

Codezeros is a top Blockchain solution and service provider company that reinvents business with Blockchain solutions.

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