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In crypto, tokenomics is a collective term used to capture a tokens economics by describing the factors that affect a tokens use and value. All of the early parachain projects were doing it so it seemed like this was the standard approach. In this whitepaper, weve rounded up a checklist for the basics of launching a DeFi staking platform. NFTs facilitate the tokenization of art works, real estate, music, digital content, etc., allowing them to be held in digital forms. Feel free to get in touch with any thoughts, comments or if you need any code. We can easily assume that at t_0 the price of the token is equal to the sale price during the ICO. The formula is: The variables in the p formula represent the different components that make up the total supply of FRM after the Merge. This whitepaper will explore the essentials for launching a successful blockchain product. Looking for inspiration to kickstart your tokenomics strategy? There are different classifications of cryptocurrency tokens based on different aspects. We then asked ourselves, WHY have we been planning on opting for the 2 parachain approach ourselves? Token distribution should ideally be diversified to ensure that no single group has too much power and that the project can remain decentralized and neutral over time. Vesting ensures the team has a financial interest in continuing to grow the project, which in turn establishes faith in the project from investors. In the final section, well explore the fundamentals of token economy design for your blockchain project. You can use this tool for a proof-of-concept, however beyond that, we strongly recommend that you get your final tokenomics designed by an expert in the filed. Tokenomics Calculator However, this is something to be researched and for now we can go with this simplification. Crypto fundraising for decentralized finance projects rose by 190% in 2022, while funding for centralized finance shrank 73%. Theres an important distinction to be made when studying the way that dApps function compared to newly established networks.