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Tokenomics

Tokenomics

By : Sean Au , Thomas Power(GBP)
3.4 (9)
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Tokenomics

Tokenomics

3.4 (9)
By: Sean Au , Thomas Power(GBP)

Overview of this book

Tokenomics is the economy of this new world. This is a no-holds-barred, in-depth exploration of the way in which we can participate in the blockchain economy. The reader will learn the basics of bitcoin, blockchains, and tokenomics; what the very first ICO was; and how over a period of 5 years, various projects managed to raise the enormous sums of money they did. The book then provides insights from ICO experts and looks at what the future holds. By comparing the past, current, and future of this technology, the book will inform anyone, whatever motivates their interest. The crypto shift of blockchains, ICOs, and tokens is much more than just buying bitcoins, creating tokens, or raising millions in a minute in an ICO. It is a new paradigm shift from centralized to decentralized, from closed to open, and from opaqueness to transparency. ICOs and the creation of tokens during the craze of 2017 needed a lot of preparation, an understanding of cryptocurrencies and of emerging legal frameworks, but this has spurred a new movement to tokenize the world. The author gives an unbiased, authoritative picture of the current playing field, exploring the token opportunities and provides a unique insight into the developing world of this tokenized economy. This book will nourish hungry minds wanting to grow their knowledge in this fascinating area.
Table of Contents (16 chapters)
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3
3. The Potential of ICOs
15
Index

There is only one Bitcoin

There may be over 20,000 forks, or people who have copied the bitcoin source code in GitHub to study, learn, and experiment from, and there may be over 30 variations of bitcoin, such as Bitcoin God, Bitcoin Top, Bitcoin Oil, Bitcoin Ore, Bitcoin Candy, and even Bitcoin Pizza (what is it with resources and food?) but there will only ever be one bitcoin (https://github.com/bitcoin/bitcoin).

Bitcoin, as we all currently know it, is the cryptocurrency with the largest market share, the highest price, and the longest chain, at this current point in time at least. Bitcoin's market share, however, dropped from around 85% in February 2017 to around 30% 12 months later, but this was always going to happen. In fact, bitcoin started out with 100% market share because it was the only cryptocurrency in existence for the first two years and the only way was down, considering all the altcoins that appeared and now the ever-growing number of tokens that are constantly being...

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