
Unraveling the Mystery: Roderick Mckinley's Guide to Navigating Tokenomics
Financial Modeler's Corner
Exploring Tokenomics, Modeling, and Fundraising Strategies
Learn about the development of an online course dedicated to tokenomics, modeling, and fundraising, based on real-world experiences. Gain insights on mastering the complexities of tokenomics and fundraising to build a strong financial model for successful offers.
Welcome to the Financial Modeler's Corner (FMC), where we discuss the art and science of financial modeling with your host Paul Barnhurst. Financial Modeler's Corner is sponsored by the Financial Modeling Institute (FMI), the most respected accreditation in Financial Modeling globally.
In today’s episode, Paul engages in a conversation with Roderick McKinley, blockchain & Tokenomics advisor of Rmckinley.net
Roderick, a crypto expert, discusses financial modeling in the crypto space, highlighting challenges like token volatility and treasury management. He emphasizes aligning incentives for healthy exchanges and discusses his online course on Tokenomics Modeling and fundraising.
Roderick also offers strategic guidance, product development, and Tokenomic design services for various blockchain applications, including DeFi, blockchain games, and Layer 1 protocols. He assists in developing tokenized business models, designing token utilities, and structuring token allocations for successful capital raises.
In this episode, these are your learnings:
- Understand the integration of finance and blockchain and Tokenomics and strategic guidance for blockchain projects.
- Gain insights into challenges and opportunities in transitioning from traditional finance to the crypto space.
- Learn how to navigate complexities like token volatility and incentive alignment in blockchain projects.
- Obtain practical tips on developing tokenized business models, designing token utilities, and structuring token allocations for successful fundraising.
- Acquire valuable knowledge for navigating the evolving landscape of blockchain and cryptocurrency.
Quotes:
- “Financial modeling often has a lot to do with client and industry expectations. What passes as good work or what passes as enough can change very dramatically from country to country and sector to sector.”
- “Some of the stuff they teach you is that, well, the world's this way because it can't be any other way. And you pass exams sort of like explaining why it's impossible to fix things but suddenly blockchain technology actually gives you a completely different kind of tool chest that opens that up again.”
- “Try and look for the shortest and most efficient way to express your calculations. Try and maximize the speed of your model.”
Sign up for the Advanced Financial Modeler Accreditation or FMI Fundamentals Today and receive 15% off by using the special show code ‘Podcast’.
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Go to https://earmarkcpe.com, download the app, take the quiz and you can receive CPE credit.
Follow Roderick McKinley:
Linkedin: https://www.linkedin.com/in/roderickmckinley
Website: https://rmckinley.net/
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In today’s episode:
01:10 Introduction
01:55 Rodrick’s horror story
03:55 Rodrick’s background
05:25 Getting stuck on a tropical island
06:08 Rodrick’s love of problem-solving, geeky coding, and number-crunching
11:50 Interview with Boris Johnson
13:17 Definition of token economics
21:39 How do crypto companies manage their treasury?
28:04 Simplifying Tokenomics modeling
30:01 Deciding on tool selection
35:51 Rodrick’s Favorite and Most Valuable Excel Shortcuts
37:25 Rapid fire
42:42 Wrap up