So how can I get the the extreme versions of the tokenomics? Tokenomics is an indispensable part of an ICO, or what these terms is more generally referred as a token offering (this term can encapsulate Initial DEX offerings, IDOS, or other forms of token offerings). This is a simple tautology coming from monetary economics. For example, your application may only permit authorized users to pay subscription fees through a secure and verified process. Shortly after your payment is processed (5-10 minutes) your tokenomics calculator will be unlocked. In this whitepaper, weve rounded up a checklist for the basics of launching a DeFi staking platform. Moreover the challenges faced while adopting AI in to a business is also described here. In order to have your holdings count toward Presale and GC requirements, you must mint the FRM you receive for cFRM and stake cFRM in Crucible. Where r is theexpectations factor. For project creators, tokenomics can make or break a project and therefore must be well formulated. For a long time, we were quite certain that the 2 parachain approach was the way we were going to go. We can then sum up the fees generated for each month to get the total fees generated in one year: Total fees generated in one year = Fees generated for each month in month 1 + Fees generated for each month. Through careful breakdown of this data, hidden insights on business processes and activities could be unlocked which can even make them perform better. Why is the calculator in a spreadsheet? It includes everything about the mechanics of how the asset works, as well as the psychological or behavioral forces that could affect its value long term. WebOur tokenomics calculator tool accommodates the latest crypto token issuance models for ICO, STO, IEO, IDO, and DeFi pool listings. Since cFRM will now exist on Arbitrum, that also means that Crucible is also now compatible with Arbitrum! the human miseries and we humans can work towards sustaining humanity. The goal of an audit is to ensure that a token economy is robust, and free from any flaws. TreasuryThe Treasury is where all network related items and expenses will be sourced from. We'll also look at the lending platform's process flow, a roadmap, and other topics that will help you grasp the fundamentals of building a DeFi lending platform. However, we wanted to take it one step further and introduce regular burns through two other mechanisms: We realize that this is a major foundational step in Ferrum reaching its true potential and we have the utmost conviction that this is the best way to ensure the success of the network. Ferrums original tokenomics were designed in 2019, which is an eternity in Web3, and frankly were not optimized for a network. Such factors include the tokens creation and distribution, its supply and demand, incentive mechanisms, as well as its burn schedules. WebTokenomics Calculator will help you understand tokenomics better, calculate token metrics and experiment with numbers while modeling the balanced token economy that matches your business model and can help it scale! Of course, you can simply stake the cFRM rewards that you generate in Crucible! To curb the COVID-19 crisis a reliable pandemic management system is necessary. AI FOR BUSINESS TRANSFORMATION: How AI can make your business 2X more profitable. He has worked with many different types of technologies, from statistical models, to deep learning to blockchain and he has 2 patents pending to his name. Do you intend to create an NFT marketplace? ECOPs are quickly becoming one of the strongest elements in the recruitment toolkit to attract top-tier talent. Taha Abbasi, CSO at Ferrum Network. The General Tokenization Manifesto specifies the standards to successfully launch an ICO and STO. Analyzing tokenomics is a three-step process. Insbesondere plant der CEO nach der Umwandlung seiner Community in hDAO, 10 % seines Eigenkapitals fr 100.000.000 HAI- Token. Once we have real value of the token, we can use thetoken valuation formula in order to run different scenarios (depending on expectations) as to how the price of the token will move. The team is in it for the long haul and have agreed to increase the duration of the Team token vesting period significantly. In this whitepaper, we discuss the business modernization opportunities with NFTs. In turn, those projects, have raised over 1BN USD in funding. The paid version - anyone who has the link can edit the file. Get the most powerful tokenomics calculator template & simulation available, including future token price predictions and project sustainability scores. interact with our website and allow us to remember you. While Ferrums main utilities have been limited to BSC thus far, Ferrum plans to take its products multichain and create a multichain token standard via the Ferrum mainnet. This is more suitable for our purpose of evaluating ICOs and tokens. BTC are mined as a way to reward validators on the network. Ethereum was launched by an Initial Coin Offering (ICO) in 2014, raising 7 million Ether. Here's a step-by-step checklist to get your e-Learning project off the ground. However, as time went on we started to realize that the 2 parachain approach was becoming less and less popular to newer projects building in the Dotsama ecosystem. For example, a well-designed tokenomics system can help ensure sufficient demand for a cryptocurrency, which can drive its value and support its long-term stability. These cookies are used to collect information about how you interact with our website and allow us to remember you. Unfortunately, we cannot offer model interpretation services or support. Layer 2 tokens generally function to scale decentralized applications in a network. Furthermore, we are thrilled to bring our newly designed tokenomics and monetary policy to the community along with the newly released Whitepaper! What are the scenarios that the calculator produces? We use this information in order to improve and You also need to ensure that a token can appreciate in value, and also to audit the token economy to ensure that there are not any weak points. A lot has changed by way of our ambitions since the days of providing solely Blockchain as a Service products and incubating projects through Ferrum Advisory Services. This makes calculations conceptually easier for an ICO. other media. Analyzing tokenomics is a three-step process. In the final section, well explore the fundamentals of token economy design for your blockchain project. It is also helpful to have a baseline understanding of the concept of tokenomics. However, this is something to be researched and for now we can go with this simplification. This includes but is not limited to areas such as Exchange Liquidity & Market Making, Bridge Liquidity, Ecosystem, and Mainnet and Parachain Fund. Proper tokenomics modeling usually costs upwards of 10 000 USD. His seminal work in token economics has led to many successful token economic designs using tools such as agent based modelling and game theory. Ferrums original tokenomics were designed in 2019, which is an eternity in Web3, and frankly were not optimized for a network. Thats an extra 2 years that Ferrum has added to the vesting for their own tokens. The team at Ferrum has been focusing their energy entirely on building out their interoperable L1 network. Before you make a payment, please make sure you have filled in our tokenomics calculator questionnaire and you have received an email with a link to the calculator. We will in fact, however, consider removing the unwrapping fee if they so choose to opt for our autocompounding feature that allows them to restake their rewards on the network. In crypto, tokenomics is a collective term used to capture a tokens economics by describing the factors that affect a tokens use and value. Paid version: 2. - The initial optimized scenarios will be based only on your original input in the questionnaire (e.g. A natural polymath, with a PhD in Machine Learning and degrees in Artificial Intelligence, Statistics, Psychology, and Economics he loves using his broad skillset to solve difficult problems and help companies improve their efficiency. Approved by - A way to quickly get an automatically generated tokenomics setup, which will still be better than majority of the tokenomics setups out there. There are two broad categories of tokenomics calculators out there: If you have submitted the questionnaire multiple times, we will unlock the one that you submitted last. Approved by We are Tokenomics consultants that have been in crypto since 2015 and have worked on 220+ projects. In both cases, the file not discoverable via search engines (e.g. Sustainability and token scores for the selected setup, Allocations and token sale charts and descriptions, Token supply mechanics - inflationary/deflationary, 5 optimized tokenomics scenarios to choose from, 12+ pages of detailed tokenomics descriptions, charts and mechanics, based on your configuration, Token value projections using 2 different valuation methodologies. WebOur tokenomics calculator tool accommodates the latest crypto token issuance models for ICO, STO, IEO, IDO, and DeFi pool listings. Most of the factors that encompass a cryptos tokenomics can be found on CoinGecko as well as in the projects whitepaper. ECOP stands for Employee Crypto Ownership Plan and is structured very similarly to ESOP (employee stock ownership plan). Originally, the team had a 1-year cliff, meaning tokens wouldve started vesting 12 months after launch or in August of 2020. Even while they do that, they do not ignore everything else, instead they try keep most tokenomics parameters within reasonable ranges. This website uses cookies for functionality, analytics and advertising purposes as described in our. 3. CoinGecko recently added a Fully Diluted Valuation (FDV) toggle and Coin Comparison Page allowing seamless comparison of MC and FDV between different cryptocurrencies. This website stores cookies on your computer. Although, at the time, it seemed like a daunting hurdle that would be difficult to overcome, what we found has led us to possibly the single greatest blessing to happen for Ferrum in some time. Reads Books. Hacken, a Web3 security company, has released the Hacken HAI Tokenomics update. The current circulating supply of FRM (p1) is added to the change in circulating supply of FRM resulting from the merge (p1), which gives the new circulating supply of FRM after the Merge. WebPurchase your tokenomics calculator with cryptocurrency in a few easy steps at: tokenomics-calculator.com. This guide includes technical functionalities, a feature list, and more viable information for your project. In turn, those projects, have raised over 1BN USD in funding. Decide on a time window (e.g. The file is connected to our computation back end and if you download it, this connection breaks and the file will return errors. Interested to stay up-to-date with cryptocurrencies? Based on your inputs, our AI-powered algorithms will run through millions of possible setups for your tokenomics and finally produce the 5 different tokenomics scenarios optimized for different purposes. The inputs which produce most of the variability are the ones that have a token sale, have a medium to high risk tolerance, have answered 60-70% of the questions, but still have left some things for the model to decide. customize your browsing experience and for analytics and metrics about our visitors both on this website and Imagine what the valuation of their Polkadot chains would be if their community members didnt have to decide between them and their Kusama counterparts. WebData-driven Tokenomics consulting. How much does it cost to design a tokenomics for your project. Layer 2 tokens can be new tokens or more complex dApps project tokens. It's crucial to ensure that the token supply is manageable and optimized to prevent an oversupply, which could potentially result in a lower token value. Designing tokenomics for a cryptocurrency project is essential for creating a successful ecosystem. A minimum payable fee. WebTokenomics Calculator Tokenomics Calculator by on Sat Sep 8 A well-structured tokenomics is perhaps the most important factor that determines the success of an ICO and the dApp. Since then, the emissions rate for years 3 and 4 of 7.45% has stayed consistent. Can I use the output of this model as a substitute for a tokenomics advisory? To calculate the fees generated for each month, we need to multiply the transaction volume for that month by the transaction fee: Fees generated for each month = Transaction volume * 0.1. Tokens could serve different functions in a network other than serving the role for trading assets only. We will simply use the term ICO here for reasons of simplicity, and to pay tribute to the original piece of research. On the quantitative side, we use data on token pricing and adoption for 16 major cryptocurrencies from 2010 to 2018 to discipline our choices of parameters in the model. WebGet the most powerful tokenomics calculator template & simulation available, including future token price predictions and project sustainability scores.
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