Application Status
Status: New
Last updated: 27.08.2024
Submited by Sabrina Boudefar, [email protected]
Specify the funding category
Research and Education.
Application Title
Grant Application for Economic Modeling and Token Design for Superhero Token Launch on Aeternity.
Applicant
NOMA Tokenomics is the pioneer web3 token studio dedicated to the token economy, we possess a deep understanding of the intricacies and potential of token-based ecosystems. Our expertise lies in assisting founders and venture capitalists in token simulation, valuation and establishing sustainable tokenomics.
Leveraging our profound academic knowledge and expertise in over 50 tokenomics frameworks, and having advised more than 75 clients, NOMA Tokenomics stands as the reference point for knowledge and innovation in the token launch space.
Value Application
This grant is dedicated to the design and stress-testing of Superhero’s tokenomics, with a focus on enhancing the sustainability and risk management of Superhero DEX, Aeternity’s first decentralized exchange. Our work involves running Python simulations, conducting benchmarking, and facilitating workshops to develop a rigorous tokenomics model. By integrating advanced mechanisms for long-term value retention, user acquisition, and risk mitigation, we aim to ensure the platform’s resilience and operational sustainability. This approach will have a lasting impact on the Aeternity ecosystem.
Definition of Terms
Tokenomics: The economic model governing the creation, distribution, and utility of tokens within a blockchain ecosystem.
Superhero DEX: A decentralized exchange built on the Aeternity blockchain.
Stress-Testing: The process of running simulations and analyses to evaluate the robustness of a tokenomics model under various scenarios.
Deliverables: The outputs of the project, including iterations of the tokenomics model, detailed reports, source code, and an analytics dashboard.
Status Quo
The Superhero DEX’s tokenomics model is still in its early stages and requires further refinement to ensure long-term sustainability, risk management, and user acquisition. There is a need for a comprehensive, stress-tested economic framework to support the platform’s growth and stability in the evolving blockchain ecosystem. This project aims to address these gaps by developing and optimizing the tokenomics model.
Required Work
We estimate that the project will take approximately 3 to 5 weeks to complete, delivering two iterations of the tokenomics model. The estimated timeline by milestones is as follows:
- Week 1-2: Workshops and Initial design and development of the first iteration of the tokenomics model, including data gathering.
- Week 3: Review and refine the first iteration based on initial feedback and insights from workshops.
- Week 4: Development and testing of the second iteration, incorporating additional data and improvements.
- Week 5: Final review, validation, and preparation of deliverables, including the report, analytics dashboard, and source code.
Please list all milestones and deliverables of your project
Following the outlined project timeline, the deliverables will include:
- Week 2:
- Initial tokenomics model (first draft iteration)
- Workshop materials and summaries
- Week 3:
- Refined tokenomics model (updated first iteration)
- Feedback report from workshops
- Updated analysis documentation
- Week 4:
- Second iteration of the tokenomics model
- Testing results and improvements documentation
- Week 5:
- Final report detailing the tokenomics design and analysis
- Analytics dashboard with key insights
- Source code for simulations and models
- Final documentation, including all iterations and findings
Known Limitations
While our simulations are designed to provide valuable insights, they are based on forecasts that rely on current data and assumptions. These forecasts should be regularly updated with real-world data to ensure ongoing accuracy and relevance. It’s important to recognize that the effectiveness of our solutions may evolve as new data becomes available, requiring adjustments to the model over time.
Publishment
At the end of the grant period, we will provide open access to our reports, analytics dashboard, and analysis, along with the source code for the simulations as appropriate. All research conducted will be proprietary to Aeternity.