Communicating tokenomics and monetary policy: A comparative analysis of real and virtual economies

Kane Falco ter Veer and Timo Heinrich

International Journal of Finance & Economics, 2025, vol. 30, issue 3, 2849-2866

Abstract: This article investigates the economic governance of blockchain‐based virtual economies in the context of monetary policy. Focusing on tokenomics communication, we employ deductive and inductive approaches, applying real‐world monetary policy metrics and text mining frameworks. Our comparative analysis reveals that the tokenomics communication in blockchain‐based virtual economies primarily functions as a fundraising tool, lacking policy discussions, with divergences from real‐world economies in policy goals and numerical targets. Furthermore, our research highlights similarities between blockchain‐based virtual economies and early‐stage low‐income developing countries in communication dynamics.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/ijfe.3046

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:wly:ijfiec:v:30:y:2025:i:3:p:2849-2866

Ordering information: This journal article can be ordered from
http://jws-edcv.wile ... PRINT_ISSN=1076-9307

Access Statistics for this article

International Journal of Finance & Economics is currently edited by Mark P. Taylor, Keith Cuthbertson and Michael P. Dooley

More articles in International Journal of Finance & Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().