Tokenomics: Mastering the Art of Token Design

by Stefan Piech

With the increased adoption of cryptocurrencies and the ensuing spill-over effects from the crypto universe into real-world use cases, understanding tokenomics has become of utmost importance. As such, this book will guide you through the key elements of tokenomics and help you understand not only design aspects but also equip you with best practices that will help you navigate the space of tokenomics with confidence. Tokenomics can be defined as the study of determining and evaluating the economic characteristics of a cryptographic token. The goal of the analysis would be to understand best how various incentives affect the supply and demand of a token and, ultimately, its price. Tokenomics as a concept is somewhat of an unsung hero among successful investors in that a good grasp of different design mechanics and the ensuing economic incentives (or disincentives) can truly help one evaluate the potential for value accrual for a given token.

"This book provides a valuable resource for anyone looking to gain a deeper understanding of this rapidly evolving field" - Bill Qian, Cypher Capital

650 pages, Paperback

Published May 23, 2023

About the author

Stefan Piech was born in Germany and holds two bachelor degrees; one in law and one in economics. He spent two years at the prestigious Peking University, one of China’s top Universities, and lived in both, Beijing and Shenzhen.

Reviews

[Louis · Rating 5 out of 5]

Great read on crypto and tokenomics. You can tell he is not a native speaker but his writing still is still good and he provides great insights into the crypto space

[Panos Matsinopoulos · Rating 3 out of 5]

The thing that I definitely learn from this book is how difficult it is to develop a Token business.
It presents a lot of arguments to build this statement.
I also liked very much the framework / set of questions (100 questions) that one can use to decide on how to go about doing business with a Token.
However, I felt that some of the topics and ideas have been presented and repeated more than I liked. Of course, this can be seen both as an advantage and as a disadvantage.
Do I recommend this book? I do.

[Paula Sz · Rating 5 out of 5]

Just recently started the book, and so far it is super insightful in terms of understanding crypto tokenomics. Not too technical but still technical enough. I like it

[Bookwormy · Rating 5 out of 5]

This is a great intro to crypto

[Frank · Rating 5 out of 5]

good