In recent years, the word "tokenomics" has begun to be used to characterize the arithmetic and incentives that govern crypto assets. It comprises all aspects of the asset's operation, as well as any psychological or behavioral factors that may have an impact on its long-term worth. ===================================================== ?These will help you build generational wealth ? ? ? ===================================================== Free $5 Bitcoin - Sign up with Coinbase ✅https://coinbase-consumer.sjv.io/73RbQ Receive FREE Information kit about crypto, gold and silver ✅https://www.regalassets.com/?id=27078 8.6% APY. Great. A $250 crypto bonus? Even Better with BlockFi ✅https://blockfi.mxuy67.net/LPXzJo Get $25 Free Bitcoin Bonus with Voyager ✅https://voyager.onelink.me/WNly/referral?af_sub5=31B3F9 Retire with Crypto IRA | Tax Free Capital Gains - iTRUST CAPITAL ✅https://www.ip20trk.com/44NXBB/2CTPL/ ========================================= KEY MOMENTS IN THIS EPISODE ========================================= 00:00 Introduction - What is tokenomics in simple words 00:45 What Is a Token?? 01:38 Why Is Tokenomics Important in Cryptocurrency Investing? 02:34 What Is Bitcoin's Total Supply? 03:16 Tokenomics in Determining Cryptocurrency Value. 04:16 Conclusion Let's take a look at what a token is before we go into tokenomics. A token is a digital unit of cryptocurrency that is used to represent a certain asset or use on the blockchain. Tokens can be used for a variety of purposes, the most prevalent of which are security, utility, and governance tokens. The issuance schedules for cryptocurrencies and tokens established on the blockchain are pre-determined and algorithmically generated. This means that we can forecast how many coins will be made by a specific date with a high degree of precision. Though most crypto assets issuance schedules can be changed, doing so usually requires the consent of a large number of people and is extremely difficult to achieve. This gives owners some peace of mind because they know the tokenomics and to what extent their assets will be created in a way that is far more predictable than how governments create money. ========================================= WHAT TO WATCH NEXT ========================================= What is an NFT in simple words https://youtu.be/8BLht-D5Xn8 One thing I wish I knew before investing in crypto | What is tokenomics in simple words https://youtu.be/kAj9aI8K-L8 #tokenomics #tokenomicsmeaning #tokenomicscrypto ... https://www.youtube.com/watch?v=kAj9aI8K-L8