Utility tokens

dc.coverageDOI: 10.1108/978-1-80455-320-620221006
dc.creatorBenedetti, Hugo
dc.creatorCaceres, Christian
dc.creatorAbarzúa, Luis Álvaro
dc.date2023
dc.date.accessioned2025-11-18T19:43:06Z
dc.date.available2025-11-18T19:43:06Z
dc.description<p>Utility tokens are digital currencies that serve as the only accepted means of payment for services and products provided through a blockchain-based platform. They finance the development of their product or service, reward and incentivize early adopters and network promoters, align economic incentives between supply, demand, and the marketplace, and enhance network effects among all participants. Their tokenomic design consists of the rules and regulations governing a token's issuance, distribution, allocation, and potential destruction. The chapter describes utility tokens, compares them with other types of cryptoassets, and discusses their value creation process and role in network economics. It also reviews common tokenomic designs, discusses different regulatory approaches, and provides examples of current utility token applications in decentralized applications such as decentralized finance and virtual reality platforms (metaverses).</p>eng
dc.identifierhttps://investigadores.uandes.cl/en/publications/c3f5ae7c-34cc-4aec-96fe-e61251cf8cc1
dc.identifier.urihttps://repositorio.uandes.cl/handle/uandes/52706
dc.languageeng
dc.publisherEmerald Group Publishing Ltd.
dc.rightsinfo:eu-repo/semantics/restrictedAccess
dc.sourceThe Emerald Handbook on Cryptoassets: Investment Opportunities and Challenges, p.79-92. Emerald Group Publishing Ltd.. [ISBN 9781804553213]
dc.subjectCryptoassets
dc.subjectDecentralized finance
dc.subjectMetaverse
dc.subjectNetwork effects
dc.subjectTokenomics
dc.subjectUtility tokens
dc.titleUtility tokenseng
dc.typeChaptereng
dc.typeCapítulospa
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