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RE: Steemit Crypto Academy Contest/S6W3. Tokenomics In The Crypto Ecosystem.

Your presentation is quite good and I like some of the points that are expressed here in this post.

Tokenomics is actually the study of various factor like the supply of the tokens, token burning schemes, token utility etc. The study of these things is very important.

Tokenomics study can lead to the effect on the price of the respective tokens and thus it is very helpful. The investment in a crypto project should always be done by understanding various components of Tokenomics.

burn token are purely protocol's, when a token is taken out from circulation you find out that the supplication of the coin is brought to minimal.

Yes, I agree with you that the token burning plays a very important role in the pumping of the price of that token. For this purpose, the tokens are sent to the dead or null addresses.

Thanks a lot for sharing your post with us. Your efforts are highly appreciated. Good luck

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