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The equation of exchange in token economics
Tokenomics is one of my favorite subjects. It deals with the design of the correct incentive mechanisms, so that a blockchain project’s economy can be successful. The study of tokenomics and the design of token economies can include things such as game theory, and models that ensure token appreciation (such as agent-based modelling), as well as data science.
I recently wrote a post about the famous equation of exchange, and how it can be used to build and analyse token economies. This followed some previous work done during the ICO boom. I decided to also record a podcast episode to walk you through the post, since tokenomics is one of the most exciting, but misunderstood areas out there.
Blockchain, token economics, DeFi and AI
I hope you found this podcast about the equation of exchange useful! Tokenomics is an exciting, but complicated field.
If you are interested in similar topics, such blockchain, DeFi, but also data science and AI, make sure to get in touch. I would be more than happy to speak with you.
Also, please make sure to check out the page of the Tesseract Academy, my consultancy which deals with education and services in the both the areas of AI and blockchain. There is also a great framework for tokenomics which you can find on that page.
Also, make sure to check out this article on how to read ICO white papers. While ICOs have now evolved into IEOs (Initial Exchange Offerings), and IDOs (initial DEX offerings), the lessons in that article are still relevant.
Finally, make sure to also check out my posts on agent based modelling, which is one of the best techniques to study and design token economies. You can also learn more about this in the two videos below.