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Questions and Answers
What is the main factor that affects the price of a cryptocurrency?
What is the main factor that affects the price of a cryptocurrency?
- Mining and Staking
- Yields
- Token Burns
- Supply and Demand (correct)
What are the two main elements of tokenomics?
What are the two main elements of tokenomics?
- Mining and Staking
- Yields and Token Burns (correct)
- Limited and Unlimited Supplies
- Token Allocations and Vesting Periods
What is the purpose of token burns?
What is the purpose of token burns?
- To increase the supply of tokens
- To decrease the supply of tokens (correct)
- To increase the demand for tokens
- To decrease the demand for tokens
What is the purpose of token allocations?
What is the purpose of token allocations?
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What is the purpose of vesting periods?
What is the purpose of vesting periods?
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What type of incentives are used to encourage investors to buy and hold a specific coin or token?
What type of incentives are used to encourage investors to buy and hold a specific coin or token?
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What type of policy does each cryptocurrency have?
What type of policy does each cryptocurrency have?
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What are the main variables that developers change that affect tokenomics?
What are the main variables that developers change that affect tokenomics?
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What is the main factor that determines the structure of a cryptocurrency’s economy?
What is the main factor that determines the structure of a cryptocurrency’s economy?
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What is the main factor that influences the demand for tokens?
What is the main factor that influences the demand for tokens?
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