Behavioral Economics in Token Design
Nextrope Blog
by Kajetan Olas
3d ago
Behavioral economics is a field that explores the effects of psychological factors on economic decision-making. This branch of study is especially pertinent while designing a token since user perception can significantly impact a token’s adoption. We will delve into how token design choices, such as staking yields, token inflation, and lock-up periods, influence consumer behavior. Research studies reveal that the most significant factor for a token’s attractiveness isn’t its functionality, but its past price performance. This underscores the impact of speculative factors. Tokens that have sho ..read more
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Applying Game Theory in Token Design
Nextrope Blog
by Kajetan Olas
1w ago
Blockchain technology allows for aligning incentives among network participants by rewarding desired behaviors with tokens. But there is more to it than simply fostering cooperation. Game theory allows for designing incentive-machines that can’t be turned-off and resemble artificial life. Emergent Optimization Game theory provides a robust framework for analyzing strategic interactions with mathematical models, which is particularly useful in blockchain environments where multiple stakeholders interact within a set of predefined rules. By applying this framework to token systems, developers c ..read more
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Token Engineering Process
Nextrope Blog
by Kajetan Olas
1w ago
Token Engineering is an emerging field that addresses the systematic design and engineering of blockchain-based tokens. It applies rigorous mathematical methods from the Complex Systems Engineering discipline to tokenomics design. In this article, we will walk through the Token Engineering Process and break it down into three key stages. Discovery Phase, Design Phase, and Deployment Phase. Table of Contents Discovery Phase of Token Engineering Process Defining the Problem Identifying Stakeholders and Value Flows in Token Engineering Incentive Mechanisms Canvas Design Phase of Token Engin ..read more
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What is Berachain? ? ⛓️ + Proof-of-Liquidity Explained
Nextrope Blog
by Karolina
1M ago
Enter Berachain: a high-performance, EVM-compatible blockchain that is set to redefine the landscape of decentralized applications (dApps) and blockchain services. Built on the innovative Proof-of-Liquidity consensus and leveraging the robust Polaris framework alongside the CometBFT consensus engine, Berachain is poised to offer an unprecedented blend of efficiency, security, and user-centric benefits. Let’s dive into what makes it a groundbreaking development in the blockchain ecosystem. Table of Contents What is Berachain? Overview Key Features EVM-Compatible vs EVM-Equivalent EVM-Com ..read more
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Token Distribution Models
Nextrope Blog
by Kajetan Olas
1M ago
The landscape of blockchain and cryptocurrency is continually evolving, marked by the relentless pursuit of models that not only enhance network security and decentralization but also deepen user engagement and ownership. At the heart of this evolution lies the concept of token distribution, a pivotal strategy that can transform users from passive participants into active stakeholders and owners within digital ecosystems. Token distribution is not merely about allocating digital assets; it’s about creating a framework where each token serves as a beacon of ownership, rights, and incentives, a ..read more
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TON Development Services
Nextrope Blog
by Karolina
1M ago
At Nextrope, we integrate cutting-edge technologies like TON into customized software solutions, propelling businesses into the future of decentralized applications (DApps), smart contracts, and beyond. We provide a custom TON development to help you create robust and extendible apps. Table of Contents What is TON? Overview of TON Blockchain Key Features of TON Why TON for Your Project? Benefits of Using TON Blockchain Comparision Why Build Mini Games on TON TON Development Services by Nextrope Mini Apps Development Custom Blockchain Solutions Smart Contracts Development DApp Develop ..read more
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Token Utility: Balancing Supply, Demand, and Velocity
Nextrope Blog
by Kajetan Olas
1M ago
This article embarks on a journey through the multifaceted landscape of token utility. It dissects the influence of supply, demand, and velocity. We include practical information that can be utilized during the process of crypto assets valuation. Table of Contents The Supply Side: Scarcity and Abundance Fixed Supply and Deflationary Models Token Sinks and Their Limitations Creating and Sustaining Demand Utility-Driven Demand Understanding Velocity in the Token Economy The Relationship Between Velocity and Value The Misapplication of MV = PQ in Crypto Valuations Balancing the Three ..read more
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Token Classification
Nextrope Blog
by Kajetan Olas
1M ago
Tokens, the lifeblood of blockchain ecosystems, are more than mere currency—they embody varying rights, functions, and roles. In this article, we demystify the complexities of token types, exploring how they differ and what makes each unique. Stay with us, as we dive into the intricacies of Token Classification! Table of Contents Technology Domain of Token Classification Chain Type Permission Levels Number of Blockchains Representation Type Behavior Domain of Token Classification Burnability Expirability Spendability Fungibility Divisibility Tradability Coordination Domain of Token Cl ..read more
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The Fundamentals of Token Engineering
Nextrope Blog
by Kajetan Olas
1M ago
As the blockchain space evolves, the complexity of creating sustainable, efficient, and fair systems increases. Token Engineering provides a structured framework to address these challenges. It ensures that tokenomics is designed with a clear understanding of its potential impact on user behavior and system dynamics. This is particularly important in decentralized projects, where traditional control mechanisms are replaced by algorithmic governance. Table of Contents Understanding Token Engineering The Basis of Token Engineering The Objectives of Token Engineering The Process of Token En ..read more
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Economics of Ethereum – Analysis
Nextrope Blog
by Kajetan Olas
1M ago
Ethereum Economics is a comprehensive term that encapsulates the economic principles and mechanisms guiding the Ethereum network, touching on everything from its currency, Ether, to its role in facilitating decentralized applications and smart contracts.  Table of Contents Understanding Ethereum Economics Supply and Demand Dynamics Supply Aspects: Demand Aspects Ethereum’s Monetary Policy Transaction Fees Base Fee Priority Fee Staking and Ethereum 2.0  Penalties Slashing Inactivity Leaks Conclusion Understanding Ethereum Economics Ethereum’s economic framework is desig ..read more
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