In this third blog post in my tokenisation series, I will share some thoughts around price valuation of tokens. But before you read further you must know that there isn’t a magic formula that will tell you the true value of anything. At the end of the day, the space around blockchains and crypto assets are incredibly young, without any established models and the price is largely driven by speculation.
In the first part of this series I gave an overview of what a blockchain token is and what the difference between fungible and non-fungible tokens are. In this blog post I will talk about what different kinds purposes a token can serve.
I previously talked about liquidity and money on blockchains. I find this a very interesting subject. I believe, some of the greatest benefits that blockchain technology will bring to the world is disintermediation in liquidity, custodianship and brokerage. That is, without any middle men, having the ability to easily swap between different types of digital assets (liquidity), keep assets safe (custodianship), and automatically execute on agreements (brokerage). I will put this into some perspective… Continue reading “Lending yourself money, from assets you own. Interest-free.”
The most basic economic concepts like what is money can sometimes be difficult to get right. A few weeks back I wrote about how Bitcoin is not money. In this post I’m going to continue with a few random thoughts about money, financial liquidity and explore what true money could look like on the blockchain. Continue reading “Money on blockchains”