Token Engineering
Token Engineering is an interdisciplinary field that incorporates methodologies established in fields such as systems engineering, electrical engineering, robotics, and control engineering. It also draws from diverse fields such as behavioral economics, ecological economics, operations research, AI, and optimization, as explored in the paper by Shermin Voshmgir and Michael Zargham on the fundamentals of cryptoeconomic systems . Token Engineering follows a consistent methodology from idea generation to design, modeling, simulation, testing, deployment, and maintenance. Its goal is to design and create robust token economic systems that protect and empower users, while mitigating abuse, unintended consequences, and cascade failures https://gyazo.com/39bf00784863d12c112d67d64214f866. Tokenomics can be seen as a discipline of design.
The Token Engineering Academy (TE Academy) is the world's first organization to offer a comprehensive program in Token Engineering, also known as applied cryptoeconomics, a new field that traditional academia has yet to explore. TE Academy was built from the bottom up as a cryptonative organization by the Token Engineering community and TE Commons. Since its establishment in July 2020, TE Academy has had over 900 students from 21 time zones participating in its courses. It has collaborated with various crypto projects, including Ocean Protocol, Balancer, Gitcoin, Boson Protocol, Ethereum, GnosisDAO, NEAR Protocol, and Hydra DX https://gyazo.com/3323c0bf305770fd38c27d1be9d97f0b. TE Academy's approach to open science involves bringing together participants from multiple fields such as computer science, economics, engineering, finance, business, data science, art, and design to tackle cryptographic challenges. The goal is to develop new economic mechanisms, create incentives for tokens, and build controllers and monitoring infrastructure to protect cryptographic economic systems from market shocks and attacks. TE Fundamentals is the first comprehensive bachelor-level education and NFT-based certification program for token engineering. The program is designed to be accessible online for free to anyone around the world . For more details and applications, please visit .