Tokenomics
- by Jorn van Zwanenburg
- 2 posts
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based token economy. In short, discount tokens are digital assets that give their holders a specific claim to receive discounts on purchases of products or services from an organization — such as an enterprise, a cooperative, or a blockchain network. Unlike gift cards, discount tokens are not invalidated when used but remain active and in possession of the holders. The specific size of the discount that the token delivers for its owner is designed to grow in proportion with the overall utilization of the network. The discount token itself allows the holder to access the discount.
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Francisco Gimeno - BC Analyst A new lesson from Complexity Labs on discount tokens. This is an interesting concept which helps to spread the use of a tokenised network. This is what we are going to witness in a tokenised economy. What do you think?- 10 1 vote
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In this video we talk about how token economics enables us to better capture and define the concept of intrinsic value. Our traditional financial system and the basis of neoliberal free market economics is the construct of value as utility. Utility is the value that something gives to some person. In contrast to utility is intrinsic value. Intrinsic value is the value that something contributes to the maintenance and functionality of a whole system. With intrinsic value, we have a unit that values the functionality of the whole network.
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Francisco Gimeno - BC Analyst Complexity Labs freely offers short and very informative lessons on Blockchain technology issues for all ages in Token economies, Blockchain, complexity theory, systems thinking, etc. In this case, extrinsic and intrinsic value. This is a powerful concept which can help to understand the actual debate on the crypto system and the intrinsic value of crypto coins. Enjoy!
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