What is Tokenomics in Cryptocurrencies ?
Supply and demand characteristics of cryptocurrencies represent Tokenomics. It is based on the idea of token economy proposed first by Harvard psychologist BF Skinner in 1972. He believed it could control behavior and incentivize positive actions by giving some unit of recognizable value.
It also studies how cryptocurrencies work in the broader ecosystem covering token distribution and how incentives foster positive behavior in the network.