Understanding advanced technologies like blockchain and tokenomics has become critical for C-suite executives and decision-makers in any organization.
Tokenomics combines the concepts of tokens and economics to help businesses grow with blockchain technology. Tokens can be considered like a currency while tokenomics dictate the policy for issuing those tokens.
With the help of a solid tokenomics policy, businesses can ensure the success of their token-based projects. Businesses can develop token economies that better reflect market needs.
Let’s find out the five significant advantages of tokenomics for top-level executives and CEOs👇
✅ Align Consumer And Business Goals: More community-based solutions can be developed by your business with the help of tokenomics. By scaling tokenomics, the profits will also be distributed throughout the token holders in the network.
✅ Create Improved Incentive Systems: Every source of value created by your organization can be tokenized. It can be used to create incentive systems for all the stakeholders in the token network. Tokenomics allows decision-makers to develop incentive systems that are more reliable and trustworthy.
✅ CEOs Can Adopt Full Cost Accounting: Blockchain allows your business to establish systems for reflecting both the social and economic costs of any project. Tokens can be coded to show the sourcing of raw materials and create more reliable systems.
✅ Improved Governance Structure: CEOs and decision-makers can benefit from implementing tokenomics in the governance structure of the organization. The participants of the token network have the power to suggest changes through voting and how your projects will evolve.
✅ Increase Compliance: Tokenomics allows your business to increase compliance with various laws and regulations. It establishes the rules for how the supply and demand of tokens are created.
C-suite executives can implement tokenomics to improve business governance and compliance while aligning the goals with consumer demands❗
On that note, The Tesseract Academy are delighted to have just recently launched a new Tokenomics course for CEOs and decision makers which is absolutely FREE!
You can find out more about it and register below.
This course is an opportunity to introduce you to the fundamental concepts of tokenomics. It provides a clear understanding of the emerging field of token economics- known as crypto economics- which deals with the analysis and creation of economic structures based on blockchain technology.
Who is teaching:
This course is taught by Hala Faissal, PhD. She is The Head of the Economics Department at the Lebanese University and a senior economics lecturer with over 10 years of professional academic experience at leading Lebanese and international academic institutions, mentoring around 10K+ students from various social and cultural backgrounds. She is also a tokenomics expert, helping token projects with the design of their token issuance to maximize network usage and growth.
You can enrol to this free course here.
In the New Year, Hala Faissal, PhD and The Tesseract Academy will also be hosting a workshop which will introduce you to the fundamental concepts of Tokenomics.
As more and more entrepreneurs and founders are introduced to Tokenomics and Web3.0, it is inevitable that those who don’t are simply left behind.
You can find out more about the event and grab your free ticket here.
You’ve probably heard the term “Web3” by now, but what does it actually mean?
Web3 is a term used to describe the new decentralised web. It’s a movement that’s been gaining traction in recent years as more and more people become disillusioned with the current centralised internet.
Have you ever imagined a world where you can use the internet more securely and freely based on blockchain? Web3 offers you that possibility.
You can read more about the significant benefits of Web3 and some essential applications in technology in this post.
Data science, AI, Blockchain and Tokenomics
The Tesseract Academy specializes primarily in data science/AI and related themes (blockchain, software development, etc.):
- Reach out to us here if you are interested in our services that help decision-makers, no matter the stage of the evolution of their business
- Our certificates and courses are designed for busy executives, decision makers and managers you can find them all here.
- We also have free frameworks are designed by experts for non-experts who want to learn how to utilise technologies like AI, data science and blockchain.
- Finally, you can check out all our upcoming events that range from data science and AI for decision makers to product management and blockchain here.
Get in touch if you have any questions.