Fundamental Analysis, Economics, Financial Analysis, FinTech / RegTech, Alternative Assets, Currency, Corporate Finance
Country or region:
Asia Pacific (Overall)
We provide a dynamic asset-pricing model of cryptocurrencies/tokens on platforms and highlight their roles on endogenous user adoption. Tokens facilitate transactions among decentralized users and allows them to capitalize future growth of promising platforms. Tokens thus can accelerate adoption, reduce user-base volatility, and improve welfare. Token price increases non-linearly in
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