The Proliferation of Crypto-assets
Henri Arslanian and
Fabrice Fischer ()
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Henri Arslanian: University of Hong Kong
Fabrice Fischer: Blu ltd
Chapter 11 in The Future of Finance, 2019, pp 123-138 from Springer
Abstract:
Abstract While Bitcoin claimed the title of the world’s first crypto-asset, it was certainly not the last. In this chapter, we will explore how the success of Bitcoin, and a desire to deliver new types of services on public blockchains, led to an explosion in the number and valuation of crypto-assets in the years following its launch. We will provide a brief overview of the state of crypto-assets at the time of writing, consider the various ways in which new assets come into existence, and dedicate particular attention to the sale of new crypto-assets commonly called an initial coin offering.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-14533-0_11
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DOI: 10.1007/978-3-030-14533-0_11
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