Tokenomics Advisory Services
Launching a successful ICO/STO is one of the more rigorous, exhaustive, and detail-oriented tasks in the blockchain industry.
In addition to countless hours of strategy sessions and marketing meetings, your ICO/STO team must carefully execute every part of your plan. Perhaps the most pivotal aspect of the execution process is its tokenomics. No matter what the scope of your project is, the team at International Blockchain Consulting can help.
What is Tokenomics?
Like many terms in the blockchain industry, people have distinct definitions of “tokenomics.” Some use the term in reference to the ICO/STO valuation, similar to equity or bond price analysis, while others use it to characterize different token functions, such as utility tokens versus digital currencies like Bitcoin or Ethereum. Still, others use the phrase in a more global sense, asserting that tokenomics refers to the design and function of the entire token ecosystem. It’s this final interpretation that IBC uses in our approach to our tokenomics services.
Why is Tokenomics So Important?
If you’ve been in the ICO/STO business for any amount of time, you recognize how important it is to have more than a “good idea.” There have been countless companies that promote a “good idea,” raise the necessary capital, then go on to stumble, disappointing coin holders.
Countries like the U.S., South Korea, China, and India have already cracked down on cryptocurrency trading and ICO/STO, and evidence points to increased regulatory pressure on the horizon. More than ever, it is paramount for blockchain startups to get their tokenomics right. At IBC, we provide you with the tools and expertise you require to make certain your tokenomics are robust and comprehensive, allowing your ICO/STO not just to launch, but flourish.
What Kind of Tokenomics Services Does IBC Legal Group Offer?
At IBC Legal Group, our goal is to help you launch the most successful ICO/STO possible. As a result, we concentrate not only on the token’s internal operations but also its allure to potential investors. We are proud to offer the following tokenomics advisory services:
- TOKEN DESIGN AND FUNCTION
At the fundamental level, your token needs to function. We work closely with your development team to make sure that all the internal operations of your platform token function properly. We also help you design your token so that it best serves your platform and its users, in addition to meeting any compliance standards that apply.
- MARKET PENETRATION ANALYSIS
Our expert team can help you analyze your target market and determine an optimal market penetration strategy. Even if your token works to perfection, it won’t appeal to investors if the word doesn’t get out. Also, we will partner with you to determine how achievable your fundraising goals are in relation to your target market. Don’t bite off more (or less) than you can chew; let the team at IBC run a detailed market penetration analysis.
- SUPPLY AND DEMAND ANALYSIS
No matter how advanced an industry or business is, the laws of supply and demand still apply. If supply exceeds demand, prices will fall. If demand outpaces supply, the price will rise. This fundamental economic principle is true for your ICO/STO. If you issue too many tokens, your ICO/STO will fail. The team at IBC can help you determine how supply and demand factors into your ICO/STO. We’ll work with you to identify the total fundraising target, the number of tokens to be distributed, and the price per token. These factors are all vital aspects of all ICO/STO offerings you cannot afford to ignore.
- TOKEN DISTRIBUTION
Distribution plays a key role in ICO/STO tokenomics. Even if every aspect of your ICO/STO executes perfectly, a failed distribution model means a failed ICO/STO. IBC can help you design a model that enables you to achieve your ICO/STO objectives.