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Tokenomics

Tokenomics

By : Sean Au , Thomas Power(GBP)
3.4 (9)
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Tokenomics

Tokenomics

3.4 (9)
By: Sean Au , Thomas Power(GBP)

Overview of this book

Tokenomics is the economy of this new world. This is a no-holds-barred, in-depth exploration of the way in which we can participate in the blockchain economy. The reader will learn the basics of bitcoin, blockchains, and tokenomics; what the very first ICO was; and how over a period of 5 years, various projects managed to raise the enormous sums of money they did. The book then provides insights from ICO experts and looks at what the future holds. By comparing the past, current, and future of this technology, the book will inform anyone, whatever motivates their interest. The crypto shift of blockchains, ICOs, and tokens is much more than just buying bitcoins, creating tokens, or raising millions in a minute in an ICO. It is a new paradigm shift from centralized to decentralized, from closed to open, and from opaqueness to transparency. ICOs and the creation of tokens during the craze of 2017 needed a lot of preparation, an understanding of cryptocurrencies and of emerging legal frameworks, but this has spurred a new movement to tokenize the world. The author gives an unbiased, authoritative picture of the current playing field, exploring the token opportunities and provides a unique insight into the developing world of this tokenized economy. This book will nourish hungry minds wanting to grow their knowledge in this fascinating area.
Table of Contents (16 chapters)
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3
3. The Potential of ICOs
15
Index

The evolution of white paper legality clauses

Legal clauses within white papers have certainly evolved over time, to the extent that some white papers should in fact be called an investment statement or investment prospectus. Obviously, the reason why they are not called this is because nearly all tokens claim to not be a security but a utility token.

The Omni white paper, the very first ICO to take place back in 2013, had an amusing disclaimer in Appendix C:

"Investing in experimental currencies is really, absurdly risky. This paper is not investment advice, and anyone predicting what will happen with experimental currencies such as those described here is indulging in the wildest sort of speculation, and that includes the speculations in the previous appendix.

Please consult your financial adviser before investing in ANY wild scheme such as this.

Tip

Hint: They will probably tell you to RUN and not look back unless you assure them that it is money you are totally prepared to lose.

Anyone...

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