# Economy

The Other token is the main mechanism by which the economy of The Otherworld operates. Any holder of Others is a citizen of the Otherworld. Others are publically tradable, their value determined by the market.Tokenomics is used to encourage citizens to hold Others in the long term, which encourages growth in value thus powering the economics of the whole project. The tokenomics imposes a tax on every purchase and sale of Others, which is used to produce liquidity for the token, to provide funds to Otherworlds treasury, and to burn tokens to increase scarcity and value.
