How To Build Tokenomics for Your Project
[audio src="https://traffic.libsyn.com/secure/angelconnect/02.how_tobuild_tokenimics_fir_your_project.mp3"][/audio] In designing tokenomics the goal is to incentivize the community toward a common goal. This can be done through the design of the supply and demand as well as specific incentives. Here are the steps to design tokenomics for your project: Identify the utility of the token…
Elements of Tokenomics
[audio src="https://traffic.libsyn.com/secure/angelconnect/01.elements_if_tokenomics.mp3"][/audio] Tokenomics focuses on the supply and demand of the token in an ecosystem. Supply and demand determine the price of the token. Increasing the supply of tokens generates inflation of the price while decreasing the supply causes deflation. The demand side is determined by how the market…
What Is Tokenomics
[audio src="https://traffic.libsyn.com/secure/angelconnect/05.what_is_tokenomics.mp3"][/audio] Tokenomics is a combination of “token” and “economics” and encompasses the creation, distribution, supply and demand, and destruction of tokens in an ecosystem. It’s important to apply proper tokenomics or token management for the following reasons: Incentive -- provides incentives to move the community towards its goals.…
How To Value a Token
[audio src="https://traffic.libsyn.com/secure/angelconnect/04.how_to_value_a_token.mp3"][/audio] From this one can determine the valuation. Tokens bring additional features that impact the valuation. In addition to ownership, tokens can bring the following benefits: Voting rights -- gives the holder the right to vote to determine the policies of the community. Yield -- gives the holder…
Cap Tables With Tokens
[audio src="https://traffic.libsyn.com/secure/angelconnect/03.cap_tables_with_tokens.mp3"][/audio] Web3 introduces tokens into the startup world. Tokens bring a new layer of incentives and must be accounted for in the cap table. This shows up in the form of community and treasury entries. It’s not uncommon for the community to be the majority of the cap…
Using Tokens As Incentives
[audio src="https://traffic.libsyn.com/secure/angelconnect/02.using_tokens_as_incentive.mp3"][/audio] Tokens bring a new layer of value to the internet startup. Startups can provide incentives to their prospective users to help grow the startup’s network and provide value. In the Web2 world, the startup founder must solve the chicken and egg problem by attracting users to the…
Applications for Tokens
[audio src="https://traffic.libsyn.com/secure/angelconnect/01.applications_for_tokens.mp3"][/audio] Tokens work well in creating a digital representation of a physical asset. Here are four applications for tokens: Precious metals -- gold, silver, platinum and other precious metals can be difficult to handle in their physical form. Tokenization can represent a block of precious metals making it…
Designing Tokenomics
[audio src="https://traffic.libsyn.com/secure/angelconnect/05.Designing_tokenomics.mp3"][/audio] In designing the tokenomics for your business there are four key areas to consider: Role of the token -- what role will the token play and what value will it bring. The token could be a store of value, provide access, or facilitate governance. Supply of the…
How To Apply a Token
[audio src="https://traffic.libsyn.com/secure/angelconnect/04.how_to_apply_a_token.mp3"][/audio] Tokens bring a new level of incentives to your business. Consider these steps in tokenizing your business model. Define the characteristics of your token as follows: Determine the role of the token such as giving voting rights, acting as a store of value, or representing ownership. Determine…
When Is a Token a Security
[audio src="https://traffic.libsyn.com/secure/angelconnect/03.when_is_a_token_a_security.mp3"][/audio] Tokens provide either utility or represent securities. Utility tokens give access, the right to vote, reputation, and more. Security tokens represent an equity ownership stake as an investment. These tokens come with regulatory oversight. Utility tokens have no regulation. Security tokens are similar to stocks, bonds, and…
