Dictionary

token economy en · NOUN

Meanings

1. A system of behavior modification based on the principles of operant conditioning; patients are rewarded with tokens (reinforcers) for engaging in desirable activities.
2. An economy based on cryptocurrency tokens.
   • The supply of any token is also important in the operation of a token economy, as well as for the more fundamental issue of token valuation. 2019, Chris Brummer, Cryptoassets: Legal, Regulatory, and Monetary Perspectives, Oxford University Press, →ISBN, page 165:
3. (qualifier:artificial intelligence) The economy of AI tokens.

Forms

Relateds

tokenomics