Tokenomics is a mechanism by which token based startups sets some rules to create economical value to their stakeholders.
In tokenomics (token + Economy), token represents a particular asset that serve a purpose on the Blockchain.Some tokens purpose are to be used on platform and/or to raise funds.
There are many ways to raise funds in blockchain such as :
Initial Coin Offering :
Started in 2013, it’s the simplest way for blockchain startups to raised from to develop their projects.
Startups issues their token to sell to anyone who has some cryptocurrencies and is interested by their project.
Security Token Offering :
This new method of fundraising started in 2017 gives to whoever is accredited to invest in Digital securities right that can represent dividends, shares and equity in startups.
Initial Exchange Offering :
IEO, are the new alternative to Initial Coin Offering, where token issued by startups are sold directly on exchanges.In this case Exchanges take responsibility of all the token sale process.
Although Token Offering are good and easiest way of fundraising to launch a projects, at ScrudLabs we think the right way is still to build a product that gives a real value to users first.
