Digital Token Valuation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Digital Token Valuation write by Roberto Moro-Visconti. This book was released on 2023-11-20. Digital Token Valuation available in PDF, EPUB and Kindle. This book looks at the analogic application of standard corporate valuation approaches to trendy digital tokens, expressed by cryptocurrencies, and validated through blockchain systems. Whereas traditional firm appraisal follows institutional guidelines and best practices, frontier research still must define the boundaries of these trendy issues, linking a strong theoretical background to practical advances that still need fine-tuning. This book, written by an academic and a senior consultant, combines theoretical rigor with practical insights, providing an innovative framework for evaluators, managers, and practitioners, and academics of corporate valuation and financial technology.
Digital Asset Valuation Framework
Digital Asset Valuation Framework - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Digital Asset Valuation Framework write by HashKey Capital. This book was released on 2024-04-09. Digital Asset Valuation Framework available in PDF, EPUB and Kindle. The author outlines a framework that evaluate different crypto assets consistently. Successful crypto investing requires a solid framework for value-based decisions rather than speculation. Hopefully, it can bring some clarity to the industry and help to understand the intrinsic value of crypto assets.
A Critical Appraisal of Initial Coin Offerings
A Critical Appraisal of Initial Coin Offerings - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Critical Appraisal of Initial Coin Offerings write by Dominika Nestarcova. This book was released on 2019-09-02. A Critical Appraisal of Initial Coin Offerings available in PDF, EPUB and Kindle. A Critical Appraisal of Initial Coin Offerings: Lifting the “Digital Token’s Veil” examines the merits of regulating initial coin offerings under traditional securities regulations and provides and in-depth analysis of digital tokens as a new asset class.
Valuation of Crypto Assets. A Conceptual Framework and Case Application to the IOTA Token
Valuation of Crypto Assets. A Conceptual Framework and Case Application to the IOTA Token - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Valuation of Crypto Assets. A Conceptual Framework and Case Application to the IOTA Token write by Abdulkarim Ajouaou Saidi. This book was released on 2019-08-09. Valuation of Crypto Assets. A Conceptual Framework and Case Application to the IOTA Token available in PDF, EPUB and Kindle. Master's Thesis from the year 2018 in the subject Business economics - Controlling, grade: 2.0, Berlin School of Economics and Law, language: English, abstract: This thesis aims at elaborating fundamental valuation techniques for crypto assets. Since research in this field is still at the very beginning this work intends to provide investors, financial analysts, token issuers, researchers or crypto enthusiasts a framework of how to determine the fundamental value of this emerging asset class. To do so, three main research questions are formulated: 1. How can the fundamental value of crypto assets be determined? 2. Which valuation techniques can be applied to the different token types? 3. What is the fundamental value of the IOTA token? In order to answer the questions, the thesis will progress in the following manner: First, the reader will be introduced to distributed ledger technology (DLT) and blockchain, which represent the underlying technology of crypto assets. In the next step the term ‘crypto asset’ will be defined. It will be elaborated to what extent crypto assets can be considered as a new asset class and how crypto assets can be classified into different types. The terminological part will end up with a discussion of the fundamental value of this new asset class. The main body of the thesis consists of two parts, a theoretical (conceptual) and a practical (applicational) part. The theoretical part aims to collect and evaluate all current valuation methods for crypto assets. Different absolute as well as relative valuation techniques will be elaborated, namely the Discounted Cash Flow (DCF) model and CAPM, the asset rotation theory, the Equation of Exchange, the NVT ratio, Metcalfe’s Law, the cost of production approach as well as the accessibility discount. The second part of the main body comprises a case application of one valuation model, namely the Equation of Exchange, to the IOTA token.
How Value is Created in Tokenized Assets
How Value is Created in Tokenized Assets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook How Value is Created in Tokenized Assets write by John Hargrave. This book was released on 2018. How Value is Created in Tokenized Assets available in PDF, EPUB and Kindle. A tidal wave of change is coming to the world of Economic Science. Digital tokens--including bitcoin, altcoins, and cryptocurrencies--will require a fundamental rethinking of valuation, in the same way that the introduction of the stock market required a new understanding of value. As of this writing, the total value of all tokens stands at $500 billion. How do investors place value on computer code, with no central bank or physical asset to support it? Drawing from the literature on behavioral economics and tools from cognitive psychology, we aim to provide the first anchor to understand the criteria that investors are deploying to value new digital assets, making this the first study of applied behavioral economics on token valuation. Using a new instrument called the Framework for Token Confidence, we show how value can be created out of “thin air,” and how tokens, and indeed the entire economic system, operate as something like a “vote of confidence.”
