RE: Steemit Crypto Academy Contest / S6W3 - Tokenomics in the Crypto Ecosystem.
Thank you, @simonnwigwe for publishing an article in the Steemit Crypto Academy community today. We have accessed your article and we present the result of the assessment below.
Criteria | Remark |
---|---|
Verified user | ✅ |
#steemexclusive | ✅ |
Free of Plagiarism | ✅ |
#Club | Club100 |
Bot free | ✅ |
Comment/Recommendation
You have discussed your understanding of Tokenomics in the Crypto ecosystem and its main importance.
You have listed the components of Tokenomics and discussed each of them. Undoubtedly, the utility of a token is one of the very important components of Tekonomics and helps investors to measure how great a token would perform in the market.
You have chosen a token and explored its tokenomics for analysis as regards the profitability and safety of investment into the asset. Yes, BNB's auto-burn mechanism is an interesting one that attract investors, even with its utility, it's one of the token we should be looking forward to its massive breakthrough in the future. In addition, you have discussed why you think tokenomics is important to investors.
That being said, you have considered yourself a token creator and have chosen a component of tokenomics you would utilize to drive investors to your project, with reasons. Good choice I must say.
Overall, excellent effort. You produced an excellent piece on the context, reading over again to take care of a few things as regards the structure would be great (some missing/incomplete words). Good luck.
Rating
Total| 9/10
Thanks for the review prof
I'm I eligible for participation in the academy contests sir?