Categories and Functions of Crypto-Tokens

Lin Cong and Yizhou Xiao ()
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Yizhou Xiao: Chinese University of Hong Kong

Chapter Chapter 12 in The Palgrave Handbook of FinTech and Blockchain, 2021, pp 267-284 from Springer

Abstract: Abstract Cong and Xiao discuss emerging research on digital tokens and cryptocurrencies. They (i) provide a comprehensive categorization of crypto-tokens as observed in practice or being designed, (ii) discuss major issues concerning the economics of using tokens including platform finance, user adoption, stable coins, crowdsourcing, and agency issues, with legal and regulatory implications, and finally, (iii) suggest future directions of digital currency applications and tokenomics research.

Date: 2021
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DOI: 10.1007/978-3-030-66433-6_12

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