[Queasy-Tour7362Participant]

A crypto token in case anyone needs to recall the definition is essentially a crypto coin based on a blockchain platform that can be exchanged with another blockchain, and that provides many incentives to the holders of said token.

Tokenomics is the science of the token economy. It covers all aspects involving a coin’s creation, management, and sometimes removal from a network. Tokenomics refers to all the qualities of a crypto token that makes it appealing to investors. The tokenomics for a particular crypto token is usually thoroughly discussed in the project whitepaper, and it should help you grasp the functionality, objective, allocation policy, and more of the crypto token.

Tockenomics in practice, for example, we have a token called CENT from Music Non-Fungible Token platform Centaurify, which could be used in all transactions between musicians and fans. Adding value to individuals who possess the token through staking, special content possibilities from bands, and early-bird event registration.

Be sure to check how the token is being distributed! There are two basic ways most crypto tokens are generated- they’re either pre-mined or released through a fair launch. I know that these terms and their meanings can be complicated especially if you are a beginner but we are here to learn together and help each other.

[CENT Information](https://preview.redd.it/liya6p6ks1k81.png?width=1817&format=png&auto=webp&s=73ac306abee4ae3f009e7e7be636a85110e026e5)

[Castr0-]

Some people just was too many years upfoward the rest of the humanity. Bukele is one of this people

[pizza-chit]

Fun Fact: B.F. Skinner also invented the Pigeon-guided rocket

[Death_InBloom]

Sometimes I imagine those people are travelers from the future who unfortunately ended up stranded into the past

[Author]

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