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Understanding Tokenomics: The Real Value Of A Token
Fungible TokensThese tokens are recognized for having the same value as well as a replication facility. The scenario of ETH (Ether) on Ethereum is a perfect example of the fungible token. ETH tokens’ value is the same, and they can replace each other since their value is the same.Non-Fungible TokensNon-fungible tokens (NFTs) do not share the same v... See more
ishan shazad • Understanding Tokenomics: The Real Value Of A Token
The structure of tokens can be classified into:Layer 1 TokensThese types of tokens are native to a particular blockchain and are used to power all of the services in the blockchain. The BNB on Binance Chain is an example of the Layer I token in cryptocurrencies. Ether or ETH on the Ethereum network is another well-known example of a Layer 1 token i... See more
ishan shazad • Understanding Tokenomics: The Real Value Of A Token
People adhere to their dentist’s recommendations to maintain dental hygiene and minimize the risk of any dental problems.
ishan shazad • Understanding Tokenomics: The Real Value Of A Token
The Significance Of Value In Token EconomicsThe world we see around us is driven by incentives. A child, for example, attends school because it will provide them with the opportunity to earn an education that will benefit them in the future.