Crypto Economics vs Tokenomics (Thread)

Are crypto economics and tokenomics the same thing? No. Tokenomics is a subset of crypto economics.

#economics #tokens #cryptocurrency #DeFi #blockchain #incentives
Crypto economics is about 3 things:

1. Messages in the past (through cryptography)

2. Economic incentives to be used in the present (through game theory and mechanism design)

3. Desired system properties in the future (through token design)
Tokenomics (or token economics) is a subset of crypto economics. It is basically economics of the token; aka the crypto project. It does not include the crypto-system (aka blockchain technology like #ETH, #NEO, #NEM).
1. Economic incentives to be used in the present (through game theory and mechanism design)

2. Desired system properties in the future (through token design)
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More from @EconsDesign

29 May
Supply and Demand 101

In #economics, we always talk about supply and demand. They are 2 lines. And usually when they intersect, that is what we call "market equilibrium". That point where the 2 lines meet is the market price and market quantity.

#market #demand #supply
But what these lines share, is the relationship between both parties. When prices are low, buyers will demand more. When prices are high, buyers will demand less.
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#smartcontracts #ethereumblockchain
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