Token economy (tokenomics) is a kind of business plan for a cryptocurrency (token). This is the process of creating a balanced token economic model that takes into account the interests of all participants (investors, users, developers, etc.). Menacrypto has been carrying out tokenomics consultancy and development projects for a long time.

Token Economy Development

Today, old ICOs are replaced by liquidity pools and DeFi protocols. Tokenomics is the area that examines the design of economic systems based on blockchain technology. Menacrypto can support the Tokenomic design of your project by assessing the following:

• Token’s main function (Utility, Security, Governance)
• Availability – In what state the token will be used, what will be the reward mechanisms for participants and stakeholders?
• Monetary policy – How to distribute tokens?
• Governance – Who will have the authority to make decisions on the network?
• Financial analysis and forecast based on the overall business plan of the project
• Establishing a legal and financial opinion on the Tokenomics of the project

To create a successful Tokenomics, it is necessary to examine the metrics that affect the value of the token and create a set of rules and usage scenarios, designing an economy model that uses these metrics correctly.

Menacrypto supports your project in Tokenomics design: takes into account technical standards, economic incentives, innovative DeFi opportunities.

Menacrypto has significant experience identifying different token categories: it provides a complete assessment of your governance token or NFT projects, and:

1) prepares a detailed analysis table with every parameter (incentives, returns, growth, bonuses, etc.) that affect your token economy and business plan.

2) creates a token strategy.