Tokenomics in the blockchain context revolves around the “economy” that is based on the ecosystem’s tokens. The paper proposes a conceptual goal model for tokenomics. This was accomplished by completing a narrative review of existing literature obtained from academic databases. The findings of the review result in a five-step tokenomics goal model: determining the number of tokens to release, determining whether tokens are allocated pre- or post-listing, determining whether the token release is public or private, ensuring that the tokens have inherent value, and finally establishing a suitable price management mechanism.