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Token economics scoping review: Annotated bibliography

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  • Van de Vyver, Mark

Abstract

This project highlights some tools and techniques relevant to designing a token economy under a rational expectations hypothesis. Six articles are reviewed, these enumerate some conditions for equilibrium pricing of specific effervescent tokens, dampened tokens, breakable tokens, and redeemable tokens. A review of Polkadot parachain token designs indicates differences in the issues and risks addressed by token equilibrium pricing models and those addressed by the designs practiced in the Polkadot ecosystem.

Suggested Citation

  • Van de Vyver, Mark, 2023. "Token economics scoping review: Annotated bibliography," MPRA Paper 118476, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:118476
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    File URL: https://mpra.ub.uni-muenchen.de/118476/1/tokenomics-annotated-2023-08-30.pdf
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    References listed on IDEAS

    as
    1. Cong, Lin William & Li, Ye & Wang, Neng, 2022. "Token-based platform finance," Journal of Financial Economics, Elsevier, vol. 144(3), pages 972-991.
    2. Lin William Cong & Ye Li & Neng Wang, 2021. "Tokenomics: Dynamic Adoption and Valuation [The demand of liquid assets with uncertain lumpy expenditures]," The Review of Financial Studies, Society for Financial Studies, vol. 34(3), pages 1105-1155.
    3. Michael Sockin & Wei Xiong, 2023. "Decentralization through Tokenization," Journal of Finance, American Finance Association, vol. 78(1), pages 247-299, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Blockchain; Cryptocurrency; Dynamic equilibrium; Token/coin offering;
    All these keywords.

    JEL classification:

    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates

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