Tokenomics is an economic model based on the token or coin of a project. The main aspects of tokenomics include: how the token is first distributed in the market, how it continues to be distributed over the long term and the use cases of the token. Some tokenomics may also involve the ‘burning’ of tokens to reduce their inflation.
Young Platform also offers a tokenomics model, based on the use of the YNG token. YNG for example, is distributed through its ecosystem’s products: as a reward on Step and through selling on Young Platform. It has a supply of 100 million and several use cases, regulated by Club membership.