what is the term for an economic ecosystem that incentivizes specific actions by rewarding tokens for those actions

4 hours ago 3
Nature

The term for an economic ecosystem that incentivizes specific actions by rewarding tokens for those actions is called a token economy or tokenomics. A token economy is a system where tokens—digital assets typically built on blockchain technology—are used as a medium of exchange within a specific ecosystem. These tokens represent value and can be earned as rewards for performing certain actions, such as contributing content, providing services, or participating in governance. This incentivization encourages user participation and engagement, helping to sustain and grow the ecosystem

. Tokenomics, short for token economics, refers to the design and study of these token-based economic models. It encompasses how tokens are created, distributed, used, and governed to align incentives and promote desired behaviors within the ecosystem. The core idea is to create a self-sustaining economic system where tokens motivate participants to contribute value, thereby reinforcing and building desirable behaviors

. In summary, the concept you are describing is known as a token economy or tokenomics —an economic ecosystem driven by token-based incentives to reward specific actions within a blockchain or decentralized platform