In many ways, the crypto bear market adage about building has been ideal for Aptos.

It took focus off the blockchain’s tokenomics, which drew a lot of criticism for being unveiled the day after its mainnet launch in October. A common refrain on Twitter at the time was that after raising $350 million at a valuation of more than $4 billion, Aptos should have been quicker to share details about how its native APT token had been distributed.

Now, after months of hosting hackathons and securing partnerships, the Aptos Foundation is planning a network upgrade and is revisiting its tokenomics with the goal of providing greater transparency.

"Tokenomics" is a portmanteau of token and economics and in plain terms refers to the characteristics of a cryptocurrency that determine its value, such as its supply and distribution. Shaikh didn’t share any other details about how the team will add more clarity to its tokenomics, or say whether the update will change how tokens have so far been distributed.