October 2018
Intermediate to advanced
486 pages
9h 59m
English
Content preview from TokenomicsBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Chapter 5. The Need for a Token
Blockchain and smart contract technologies have unleashed the ability to create all sorts of tokens, as highlighted in the previous chapter, including an increasing number of applications and tools to help to make the token creation process easier.
However, the most important question before we all rush out and start tokenizing the world is: what is the purpose of the token? Is it to access an application's service or product? Is it to incentivize users to grow an application or platform network? Is it, perhaps, to make an illiquid asset liquid? Is it purely to raise capital? Quite often, the answer is that a token starts out having one purpose and then changes to having a purpose that is a combination of all of ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.