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re: Small Alabama town draws drivers into “legal black hole.”

Posted on 1/19/22 at 12:08 pm to
Posted by Oilfieldbiology
Member since Nov 2016
37751 posts
Posted on 1/19/22 at 12:08 pm to
quote:

crypto tokenomics


Skazzlefrac. I can make up words too.


But seriously, what is crypto tokenomics ?
Posted by Korkstand
Member since Nov 2003
28746 posts
Posted on 1/19/22 at 12:14 pm to
quote:

Skazzlefrac. I can make up words too.
quote:

But seriously, what is crypto tokenomics ?
To be honest I don't understand it all well enough to explain to anyone else, but basically there are thousands of cryptocurrencies because anyone can make one up and define the economic model behind it via a program.

For example, you can award tokens to someone for contributing data for a particular jurisdiction, award someone else for verifying it, or whatever. Tie the token to some service to give it a bit of value backing, and then boom we're billionaires.
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