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How to Read This Book
While some readers might have a good understanding of blockchain networks and similar distributed ledgers, it is assumed that many readers still need an introduction to the topic. Without an understanding of the fundamental building blocks of blockchains, smart contracts, and the Web3, it will be hard for readers to assess how, when, and why token use cases might be a game changer. This book provides a general overview of the underlying technology and resulting socio-economic implications thereof, before deep-diving into the topic of tokens.
Chronological reading is recommended, especially for readers who are new to the topic. However, the book also works in a modular way, allowing for cross-reading between chapters. Certain sub-chapters of the first part might be considered to have too much detail for some readers and can easily be skipped. Some basic information on the cryptoeconomic mechanisms behind blockchain networks, and Bitcoin in particular, might be repeated over several chapters. Assuming that many readers will cross-read and might skip some chapters, this minimal repetition is intentional, as a basic understanding of the consensus mechanism behind public distributed ledgers is essential to the understanding of many of the other chapters.
In some cases, complementary technologies or the names of start-ups will be briefly mentioned to make the technology and its use cases more tangible, without describing them in detail. Certain topics can only be briefly explained on a high level, as a more thorough explanation would be beyond the scope of this book. In such cases, the references at the end of each chapter can help to deep-dive into the respective sections of interest.
Given the broad range and multidisciplinary nature of the topics discussed, it might be hard to please the needs of all readers, since not all specialist terms can be explained. It is assumed that the reader will conduct an independent Internet search in such cases.
The graphics in this book intend to visualize the core message of the topics discussed. They sometimes use metaphors or apply an intentional level of abstraction to allow for better understanding, especially for those who are new to the topic. Due to the emerging nature of token applications and their underlying Web3 networks, some details of the projects mentioned in this book might have become obsolete by the time of reading the book. The overall content of this book, however, is structured in a way that the general information will remain relevant.
Token Economy: How the Web3 reinvents the Internet.
Second edition, first amended printing, Nov 2020. The first edition was published by BlockchainHub Berlin https://blockchainhub.net in June 2019 under the title “Token Economy: How Blockchain & Smart contracts revolutionize the Economy” and had two amended editions.
Author: Shermin Voshmgir
BibTeX: @book{voshmgir2020token, title={Token Economy: How the Web3 reinvents the Internet}, author={Voshmgir, Shermin}, year={2020}, publisher={Token Kitchen} }
LICENCE: Copyleft 2020, Shermin Voshmgir:Creative Commons CC-BY-NC-SA
This license allows reusers to distribute, remix, adapt, and build upon the material in any medium or format for noncommercial purposes only, and only so long as attribution is given to the creator. If you remix, adapt, or build upon the material, you must license the modified material under identical terms.
For commercial permissions contact: [email protected]
Comments: There are various possibilities of forking the text of the book: You could add code contributions to the theoretical examples mentioned in this book, create future iterations with new /modified chapters or translate this book into another language, and distribute it non-commercially (for free). To do this you can fork the wiki and start translating the texts under your own Github account anytime and publish the modified/translated book on Github directly. I can send you the original AI files for creating translated version of the graphics. Please not that with this licence you are not allowed to sell the book or use it for other commercial projects, but I can try and support you get funding with a Gitcoin Grant or any other crowdfunding campaign, so you get money for the work you put in.
If you plan a translation, or other iteration of the book, best to coordinate with me to avoid redundancies, in case someone else is already working on a similar translation/version.
Print book (paperback & hardcopy) and eBook editions are also available on Amazon (https://amzn.to/2W7lQ8h) & other online bookstores. Other languages: https://github.com/Token-Economy-Book/