Token Research, Economics Education, Token Design
Reading Time: 7 minutes We talked a lot about token economics and economics design. The fact is that none of this is absolutely new. The most prominent application of economics design is in video games and esports, with their own currency in a simulated economy. The difference in the blockchain world is that it is slightly more real, whatever …
Reading Time: 3 minutes Saw plenty of “opinions” on LinkedIn on stable coins and I’d love to debunk 4 myths of stable coins with facts and case studies. 1) Not An Illusion Stable coin is not an illusion. Stable coin is a type of monetary policy a project chooses. For instance, to peg the cryptocurrency to something (e.g. USD). …
Reading Time: 2 minutes When the word “stable coin” is used, it is referring to stable, relative to the underlying pegged asset. If we have to be technical, it is more of a “pegged coin” than a stable one. Analysis 1: Stable coin is useful. But it could reduce the demand of actual currency and create serious devaluation. ✔️ …
Analysis: Risk of Stable coin & Venezuela’s Petro coinRead More
Reading Time: 2 minutes Digital currency is a category of currency that exists electronically. Currencies are a form of money with 3 main functions: unit of account medium of exchange store of value They are digital representation of currency, instead of physical representation like coins and dollar bills. Read the full working paper Characteristics of Digital Currencies Digital currencies …
Introduction to the Types of Digital Currencies and Their DifferencesRead More
Reading Time: 2 minutes It seems like everything is a token these days. Let’s make it easy and break things down into 4 primary token functions — the SUMS. Mainly, security, utility, money and stable token. There are many ways you can define the specific token functions, especially from a legal standpoint, and start specifying what the token can …
Reading Time: 2 minutes Economics and physics can explain the foundation of life. Economics with why we do what we do, our behaviors, our actions, our incentives, our outcomes. Physics explains the metaphysical world that we live in. Both economics and physics, although sciences, are different in their application but equally important in how we shape the world. With …
Reading Time: 2 minutes What does that mean? Say the example of Airbus and Boeing. Airbus wants to produce and Boeing has little incentive to. But as a airlines company (e.g. British Airways), I know I need a bigger plan to fulfil the demands. That is my outcome: for the superjumbo jet to be produced. Through game theory analysis, …
Reading Time: 2 minutes I attended the Singapore-France Economic Forum 2019 2 weeks ago. The discussions were around global macro policies and international issues. One panel brought up the some points regarding problems in the world economy today. It got me to think about the massive issues and conclude that global cryptocurrency has a shot at reducing some problems. …
How can a global cryptocurrency increase efficiency in the global economyRead More
