What is Tokenomics?
Tokenomics is a combination of two words, namely 'Token' and 'Economics’. Tokens are defined as valuable digital assets that can be exchanged for other valuable digital assets.
Tokenomics is a method for valuing crypto projects and other factors that can affect their supply and price. The quality of a token determines its ability to appreciate in price and being able to differentiate a good or bad token can make or break an investor.
Economics is the economic aspect of the token which is the amount of the unit issuance supply (maximum supply). These aspects include allocation, distribution and potential use in transactions, price and market value (valuation) and future adoption.
Fundamental of Crypto projects
Tokenomics is the basic fundamental of a crypto project, which if likened to a stock, then this is the information that value investors usually use to invest their money in a stock.
Tokenomic as a basic consideration and can be used by investors to determine the worth of investment in the crypto asset, especially in the long term.
Most Crypto projects have a whitepaper or roadmap released to inform potential investors about their tokenomics.
For all blockchain projects, on-chain data is usually visible, helpful, and supply increases can be tracked via Explorer or a website like coinmarketcap, where you can see circulation supply vs maximum total supply.
However, even if supply controls are effective, there is still a risk of the project failing if the ecosystem does not exist. There must be a demand for tokens and being able to tell if users will buy tokens to participate in the network is important.
Main keys of Tokenomics
Tokenomics has two main aspects, namely
- Supply and demand.
- Project and ecosystem
Supply and demand is not just what is seen in the transaction order book on a cryptocurrency, but rather at the deeper prospects of the project.
What is the initial supply of this main aspect is the limited supply of a crypto asset. Limited supply will certainly guarantee a level of scarcity in a certain case, namely when demand increases over time.
Of course, the demand aspect will greatly depend on the performance of the project and the development behind the crypto asset, which will be the main concern for investors to predict whether the demand will increase or not in the future.
Salmonation $SUI Tokenomic
Salmonation SUI with a maximum supply of 100 million $SUI starting with the launch on the BSC BEP20 network, until the salmonchain mainnet SRC20 is a bridge between networks.
Initial supply of salmonation in the pancakeswap market with a fairlaunch Liqudity of 50 million SUI/250 BNB with LP lock for 6 months and 50 million SUI locked every month.
Salmonation was launched without private and presale for supply distribution to the market, but distribution through fairlaunch pancakeswap.
Know about salmonation, please visit the official
🌐 Website : salmonchain.com
🔎 Blockchain Explore : salmonscan.com
