The Need for Token Ecosystem Design

Ioannis Giannakouros ()
Additional contact information
Ioannis Giannakouros: Financial and regulatory risk consultant

Chapter 5 in Cryptocurrencies and Tradable Crypto-Tokens, 2025, pp 111-128 from Springer

Abstract: Abstract A comprehensive token taxonomy was presented in the previous chapter, with each proposed type exemplified by concrete crypto-tokens already trading in the crypto markets. What should be apparent from that exposé is that, irrespective of their type, tokens are inseparable from the business use case(s) of their generating ecosystem. They are issued (“minted”) only on a particular blockchain, serving the economic purposes of a particular ecosystem, through processes defined and controlled by the latter’s governance. Once used in transactions, they can have economic effects both on and off the blockchain. It is thus important to have an understanding of the end-to-end design parameters behind any particular token. Both opportunities and risks must be placed in a proper context. The current chapter will explain why this design context needs to be that of the entire blockchain-based ecosystem in which the token is issued and used.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-031-98423-5_5

Ordering information: This item can be ordered from
http://www.springer.com/9783031984235

DOI: 10.1007/978-3-031-98423-5_5

Access Statistics for this chapter

More chapters in Future of Business and Finance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().