A token's life runs top to bottom: it is created, handed out, comes to hold value, and is then governed. Hover any concept for a definition; click to freeze the tooltip.
How many tokens exist, and how that number changes over time.
Who receives the tokens, and through what channel they arrive.
Why the token is worth holding — the demand and cash-flow side.
Who holds power, how decisions are made, and where the limits are. power → process → incentives → boundaries