What is Tokenomics?
Tokenomics is an acronym for Token + Economics. Thus, it is an economic concept of a token or coin. You can think of Tokenomics as the economic environment surrounding the tokens of each project. But this idea works against society's regular economy, which the government or bankers usually control. The crypto economy is entirely controlled by code. So, this means some conditions like, "What is the token used for? What is the underline protocol? Who receives the token as a reward? All the terms are based on the project code. Tokenomics is very important for any crypto project.