What's a token economy?

[Hanhobi]

In psychology, Token Economy describes a system to encourage a behavior, or some certain behaviors with tokens that exchangeable for rewards.

What does Blockchain bring to the game of Token Economy? You can find out in this article: https://pantograph.io/token-economy/

Do you guys think Blockchain will transform token economy in the foreseeable future?

[masterrex]

Interesting article, Your question is Do you guys think Blockchain will transform the token economy in the foreseeable future? My answer is Yes Blockchain limitation was slowly fixed thats why I believe that even in the future Blockchain will dominate the tokenize economy in most businesses or industry that hug the Blockchain's very promising nature, so just believe I'm sure that it will be done as long as the technology works smoothly.

[Bobcrypto]

The post does not seem to Address the word "token economy", and the post has no direction as far as token economy is concerned.
However, I think the Blockchain is expected to be a key technology that enables new protocols for the establishment of a token economy in the future, leading to a new economic paradigm( a new pattern)

In addition, the blockchain is expected to create a new economic system by revolutionizing the way we communicate over the internet. Blockchain seeks to improve information security and transparency by sharing encrypted data among peer-to-peer (P2P) networks.

[sunny1356]

The post does not seem to Address the word "token economy", and the post has no direction as far as token economy is concerned.
However, I think the Blockchain is expected to be a key technology that enables new protocols for the establishment of a token economy in the future, leading to a new economic paradigm( a new pattern)

In addition, the blockchain is expected to create a new economic system by revolutionizing the way we communicate over the internet. Blockchain seeks to improve information security and transparency by sharing encrypted data among peer-to-peer (P2P) networks.

Good, you hit the nail on the head. Howeve, i think the OP did well to have posted that. He just needs to elaborate more on his points and break some things down for many to understand better.

[tinakoya]

The existence of several tokens now in general and especially digital tokens in particular is not a new thing, but the speed with which these new project's cryptographic tokens are being deployed and issued lately is an indicator that they could be the next possible game-changing application of blockchain that we all have been definitely waiting for.

[Btceth01]

Very much interesting article. Token economics concern with token value, mvp, exchange value.

[Nostoman]

Amazing article, I think in the future, most of the big companies in the world will want to have a blockchain based token. But there are some countries where if 1000 people are given the idea about blockchain, then 95% of people will not understand, what is blockchain actually? The question will remain in their minds. But the people of some countries know the depth of blockchain. I believe a lot in all these things. I also enjoy reading these articles.

[JackConnor]

A token economy is a system that uses a stimulus or stimulus to reward certain behaviors and reinforce the positive system to enhance the same or similar behaviors in the future.

[Rosemaryy]

The platform economy consists of: digital platforms, often acting as two-sided markets suitable for different groups of users and suppliers and allowing for increased size and speed of transactions. Traditions such as selling, leasing, lending, labor transactions, and providing services. Compared to traditional markets, the platforms reduce transaction costs and thus allow micro transactions. Three new features of the underlying economy

[aiviaa485]

Token Economy is the function or use of tokens that are created.
Whether you want the token to be used in games, gambling, staking or other influential uses for these coins.

I think it's easy for us to analogize it like Bitcoin which was first created for a peer to peer payment system without a third party to bridge it.