Tokenization

It is important to distinguish between cryptocurrency, blockchain, and cryptoassets. The latter means tokenisation and the ability to split the functions of exchange and utility. Why Blockchain Isn’t a Revolution , which means that the blockchain itself is not a revolution, but cryptoeconomics application might still be.

• a very hyped and potentially explosive application!!! The Security Token Thesis

  • What if BitTorrent had a token? and the related game theory of BitTorrent by John Backus

significant improvements might be expected

projects

• Introducing Harbor

• Polymath enables trillions of dollars of securities to migrate to the blockchain

  Thoughts

Marketability and Value: Measuring the Illiquidity Discount Aswath Damodaran

Illiquidity matters. Investors are generally willing to pay higher prices for more
liquid assets than for otherwise similar illiquid assets. While this proposition is widely
accepted, there is substantial debate about how to measure illiquidity and to incorporate it
into value. In this paper, we began by relating illiquidity to transactions costs;