Valuation of Utility Tokens based on the Quantity Theory of Money
A framework to value utility tokens would allow for more transparent Initial Coin Offerings (ICO) and help in the development of digital assets. In this paper, we derive a formula to value utility tokens and the network that supports it. We found that valuation is directly proportional to the price...
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Format: | Article |
Language: | English |
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The British Blockchain Association
2018-09-01
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Series: | The Journal of The British Blockchain Association |
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Online Access: | https://jbba.scholasticahq.com/article/4318-valuation-of-utility-tokens-based-on-the-quantity-theory-of-money |