Tokenomics: how we design them and why the token matters more than the money

Miguel Caballero
Nov 28, 2017 · 4 min read

Tokenomics as a 4 layers model

To understand the complete token worflow you need to divide in pieces, we made it in 4 layers; remember that Tokenomics are the answer to:

What and how are you going to do to create value through token movements inside your platform?

1. Token functionality.

  • Teachers: earning tokens for teaching better, from Revenue companies and producing activity in the platform. Paying services with tokens.
  • Companies: paying services with tokens.
  • And how Tokens come again to the pool: from Students (purchases), Teachers and Companies.

2. Token distribution.

Tokens pool status for next 2 years

3. Token governance.

Token governance is a very hard-to-understand point coming from a typical company: it’s abut the way token establish the rules in the platform. In a convencional company rules are created from the CEO / Owner / Board, but in a decentralized company where value is in the token, rules must be managed by the community. So we decided several guideline rules:

  • Rules related with Courses: it’s about how price and Course duration can impact over the STUT and, because of that, over the money & rewards.
  • Rules related with Trade decission: it’s about how and when a user needs to declare their intentions with the Course: want money or Relevance?

4. Token workflow.

Once you’ve worked the functionality, unit economics and governance model it’s time to put all the ingredients together and to design a complete workflow, looking for loops and backfeed issues. In our case is something like this:

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Miguel Caballero

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Tutellus CEO. Decentralization & Education as tools to change the world.

Tutellus.io

News about the most exciting Educational Platform