DIGITAL ASSETS
Tokenomics 101
Gain the knowledge to navigate the dynamic world of tokenomics with expert Mona Tiesler who brings a wealth of experience as a venture capital investor at Tokentus Investment AG. Understand the basics of tokenisation, exploring its transformative potential in finance, and navigating the challenges it brings.
FinTech
Crypto
Blockchain
Entrepreneurship
Startups
Course Lessons
Tokenomics
In Chapter 1, Mona explains that a crypto token is a virtual currency or denomination of a cryptocurrency that represents a tradable asset on its blockchain.
Relationship between Crypto and FinTech
In Chapter 2, Mona defines Tokenomics as the factors that impact a token’s value and usage, including its creation and distribution, supply and demand, incentive mechanisms, and burn schedules. She also distinguishes between minting and mining, explaining that minting is the process of generating new coins through the proof of stake consensus mechanism, while mining is the proof-of-work consensus mechanism that is more energy intensive.
Startup Business Models and Go-to-Market Strategies
In Chapter 3, Mona discusses the practicalities of minting and burning tokens. She explains that minting adds new tokens to circulation while burning removes tokens from circulation indefinitely, reducing the supply and potentially affecting the price of the token.