Token Standards and Tokenomics
Token standards define the contract interface that wallets and applications use to handle a token. Tokenomics is the set of supply, allocation, distribution, and control rules around that token.
itDistributed systems, messaging, and integration | OpenSkills.info
Recommended first:blockchain-fundamentals
Intro
Token Standards and Tokenomics
A token standard is an interface contract. It tells wallets, exchanges, and other smart contracts which functions and events they can expect. Tokenomics is a separate design layer: the rules for supply, allocation, distribution, and control.
Keep those layers apart. ERC-20 does not make a token scarce, useful, or fairly distributed. A supply cap does not make an ERC-20 integration correct. The standard is interoperability. Tokenomics is the economic and governance design built around it.
Start with the asset model
Choose the asset relationship before choosing an interface.
A fungible token has interchangeable units. One unit represents the same contract-defined position as another unit. ERC-20 defines a standard interface for this model, including balances, transfers, approvals, and allowances.
Continue the course
This section is part of the paid course.
See pricing to subscribe, or log in if you already have access.
Where this skill leads
Relevant careers
See how this topic contributes to broader role-level skill maps.