Post
Topic
Board Economics
Re: Tokenomics of a utility token
by
dnpotter
on 20/07/2019, 00:38:36 UTC
Thanks guys.

If the token is not a PoW-based, then I think the term "miners" might sound a bit confusing. AFAIK, most utility tokens are running on top of other's blockchain platform right now, most notably eth.

I'd probably use "full node" or "node" just for clarity because some of them might use PoS or something similar.

Quite right.  Miners isn't the right term.  'Node' is good for technical people but doesn't mean much for non-techies - mind you, neither does 'miners'.  Struggling to think of a good term: perhaps 'network providers'?


You forgot the most important actor: the service that uses the tokens. The value of the tokens depends on the value of that service.

The 'users' are meant to be those actors - they are the ones using the service provided by network.  Are you thinking of something else?