Episode 64 | Roderick McKinley on a CFO's Guide for Tokenomics
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The tokenomics is the catch-all of the elements that make a particular crypto project particularly valuable and interesting to investors. That includes everything from its initial minting process, the token’s supply, and what utility it has.
Understanding tokenomics is crucial for making informed investment decisions. A project with well-designed incentives for buying and holding tokens is more likely to thrive and endure than one that lacks a robust ecosystem around its token.
While the founding team of a project will be responsible for designing the tokenomics of a project, for this episode, I’d like to go through the CFO’s guide for tokenomics.
On Episode 64, I spoke with Roderick Mckinley, a Tokenomics & Finance Advisor who has helped projects raise over $100m, by structuring their token sale offers and designing their token economies. Some of his clients include ParallelChain, Ternoa, Paid Ignition Launchpad, and ShopX.
Roderick is also a prolific content creator, and on his YouTube channel Token Design, he spends time educating others about the opportunities being unlocked by blockchain. Recently he joined the Token Engineering Academy to teach a course on OnChain Analytics using Dune & ChatGPT.
Topics Covered;
- Episode intro (00:47)
- Roderick’s background & story learning blockchain (3:04)
- Defining tokenomics (5:54)
- Value accrual concept (8:58)
- Web3 project examples capturing value (11:45)
- Does every web3 project need a token (16:41)
- Thanks to our sponsor Web3CFO Club (21:26)
- Plan for launching a token (23:08)
- Financial modeling with tokens (28:07)
- Managing token distribution - investors & employees (33:07)
- Token design services offered by Roderick (35:58)
- OnChain analytics course using Dune and ChatGPT (39:05)
- Emerging career opportunities with token engineering (42:57)
- Real-world asset tokenization interest (45:14)
- Other areas in web3 Roderick is paying attention to (50:27)
- Favorite quote (53:36)
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Follow Roderick McKinley:
LinkedIN: https://www.linkedin.com/in/roderickmckinley/
Twitter: https://x.com/RealTokenDesign
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Website
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