Incorporating tokenomics into a smart contract is essential because it ensures the token’s economic rules are enforced automatically, transparently, and securely. It enables incentive mechanisms, enhances efficiency, and builds trust by guaranteeing that the promised token economy is delivered as coded. Despite challenges like immutability or complexity, the advantages—backed by proper design and auditing—make this integration a critical aspect of successful blockchain projects. Tokenomics is not just about numbers; it’s about creating an ecosystem where all participants—users, developers, and investors—feel incentivized to contribute and engage.