"Crypto is a fundamentally new asset class that combines attributes of existing assets (early stage equity, commodities, public equity, currencies). Most notably, this charge has been led by tech VCs, who typically invest in startup equity. While VCs can create alpha by providing value in traditional company building, there are many new ways to create alpha in this unique asset class."
Links to the best articles, videos and podcasts about Cryptoeconomics.
"What’s behind any digital token, asset, or contract is a package of rights — how we assign and interpret these rights is at the heart of blockchain governance"
"How to Properly Diligence Investors"
"This post explores commoditization cycles and models for software delivery by looking at the threat properly incentivized crypto networks pose to the Software-as-a-Service industry."
"In this article I will attempt to provide an overview that is readable in 10 minutes or less on the current crypto market with a lens towards how a CIO in a family office would want it detailed."
"So how do you raise the cash you need?"
"This piece is a guide to the metric that dominates discussions of value in cryptocurrencies: market capitalization."
"The way to resolve the dissonance is to forget the familiar narratives, and instead to examine: the novel features of the technology, who the core customers are, who is failing to serve them now and why there can be a compelling new product today. Let’s enter the crypto idea maze."
Abstract: We present an in depth report into the cryptocurrency exchange ecosystem. The market is broken down by almost all the possible characteristics (Exchange type, exchange region and trading pairs). The robustness and authenticity of exchanges are evaluated using metrics such as web traffic, average trade sizes, order book depth, security polices and price reliability. The report was produced by CryptoCompare and uses the CryptoCompare’s Aggregate Pricing Index (the CCCAGG), for much of the analysis.
"One of the most important but least discussed measures of decentralization is the distribution of tokens, or in other words the concentration of wealth within an ecosystem. The concentration of wealth in a given ecosystem can be quantified using the Gini coefficient. The higher the Gini coefficient, the more concentrated the wealth."
"While investment capital can ultimately be converted into productive capital, the two are not synonymous, and value doesn’t always make the leap from investment capital → productive capital. Sometimes investment capital can waste away on balance sheets like unused kindling. The question comes down to who is first prioritized, the supply-side that installs the productive capital or the investors that float the investment capital?"
"this article will look at the token sales of Ethereum, EOS, & Tezos and analyze the data, especially from an equity perspective."
"Unlike writing code, building a community is difficult to codify. Community is soft and requires an understanding of the whims of people rather than algorithms and mathematical proofs."
"The joint HM Treasury-Financial Conduct Authority-Bank of England Cryptoassets Taskforce report sets out the UK’s approach to cryptoassets and distributed ledger technology in financial services."
"As decentralized staking networks continue to develop and proliferate, it is interesting to consider their impact on other areas of the crypto economy. One area where the vocation of staking is bound to have an impact is cryptoasset borrowing."
"In the midst of crypto-mania, we believe it important to focus on the utility behind the hype: Blockchain is software that allows us to reimagine trusted intermediaries. Cryptocurrencies are one of the first killer applications. Cryptocurrencies are reimagining the world’s most successful means to transmit trust: money."
"Ever since the first cryptonetwork, Bitcoin, was created, investors have had the opportunity to earn returns by engaging in the network. In Bitcoin’s case, that was done by mining the network, effectively powering it."