如何利用代币估值找到潜藏的百倍机会？

This paper analyzes the qualitative and quantitative components that distinguish the value of tokens, including community participation, communication narrative and other quantitative indicators, and the ratio. The author believes that both are indispensable. The founder needs to comprehensively consider the use of data to tell the story of the project. The valuation of blockchain assets is still developing, and with the continuous enrichment of online data, more traditional frameworks will be applied. Why are tokens valuable? Why do people buy tokens? How can these money on the Internet be valuable? This is a huge one. Ponzi scheme Everyone wants to find a bigger fool to buy their wallets, don't they? These are all important questions that can help us clear our minds. In the downturn of the market, the voice of doubt tends to increase, so now may be a good time to answer basic questions and join the ranks of skeptics to ask why tokens are valuable. First of all, tokens traded in real time have clearly defined value in the form of market price. At any time, market price is a function of supply and demand, and there are different generations in supply. The total supply of coins is very different, so comparing their prices is as difficult as comparing apples and oranges. More importantly, the supply of some tokens will increase over time. Based on this reason, the best indicator for comparing the value of tokens is the fully diluted market value to explain the difference in the supply of tokens, but where does the demand come from? The reason why tokens have value is that the framework of different super asset classes provides answers to the demand and value of different types of encrypted assets. First, we will quickly introduce the framework of super asset class and then apply it to today's concept of tokens. Finally, we will outline the different demand drivers of each super asset class. Applying super asset class to token super asset class is a theoretical framework for classifying different asset classes published by Robert Greer in and popularized by Chris Bernisk in 2000. The conclusion is that Bitcoin cannot be classified as any existing super asset class because of it. Alcatel investment company's white paper with several attributes thinks that bitcoin should be regarded as its own unique new super asset category. Since then, many changes have taken place in the field of encryption, so it is meaningful to apply the framework other than bitcoin to different types of tokens and encrypted assets. The three super asset categories are capital assets, consumption convertible assets and value storage assets. The above table shows the application of super asset category in traditional financial assets. Encrypted assets are different from traditional assets. Similar attributes, therefore, it is meaningful to apply this framework to tokens. Because tokens are programmable currencies, they may be suitable for several super asset classes at the same time. It should be noted that the workload proof tokens like Bitcoin and the original rights proof tokens like Ethereum are just between the traditional super asset classes. Bitcoin obviously has the attributes of both consumable convertible assets because it needs to pay transaction fees and value storage assets because it needs currency premium and has. It has political and economic significance. In addition, Ethereum also has the property of capital assets, because it provides regular income to its holders through equity incentives. For this reason, it is described as three-point assets. Because these two types of encrypted assets belong to traditional super asset categories, people may think that they have created new super asset categories, as Alcatel Investment Company originally proposed, or we can continue to use the original three super asset categories and allow the first layer of assets to fall into the asset category. Suddenly, this method seems reasonable, because the programmability of tokens makes the boundaries between super assets more blurred. Most of the existing assets can be described as a kind of value storage assets, similar to works of art in traditional asset categories. Generally speaking, personal data, picture collection and art meet this requirement, but people pay more and more attention to their practicality, so they are more suitable for consumable and convertible categories. With the beginning of new types, it may be more possible to classify them individually. For example, real estate looks more like a capital asset than a value storage asset like art. Pure practical tokens are closest to the consumable convertible category under the super asset category. There are many scattered resource networks, including tokens to coordinate supply and demand, such as assets related to file storage networks, such as computing networks or even data connections. Because some of these mechanisms include betting on income in the form of tokens, they sometimes show capital assets. Another typical example is that the discount function of a given product or service is pure and practical. Pure is added to practical tokens in order to distinguish it from the legal use of the word practical tokens, such as the definition of Swiss regulatory authorities. Governing tokens, whether they are agreements or investments, obviously belong to the category of capital assets. The agreements they manage or generate a continuous source of value, whether through their expenses, investment returns or other value streams, so the control of these valuable assets can be controlled. Regarded as capital, whether there is a regular value flow or not, it is just like some cases of managing tokens. For example, Chris Bernisk also advocates treating tokens as capital assets. However, managing tokens usually have other practical functions, such as discount function, in these cases, managing tokens can also be regarded as a consumable convertible category. Finally, stable coins are an obvious value storage asset because their sole purpose is to be used as money. As for the different value drivers of each encrypted asset under the super asset category linked to the existing legal tender such as the US dollar, now we have classified different kinds of tokens into the framework of the super asset category. Let's take a look at what drives the demand for each token. People want to buy or hold capital assets such as governance tokens to gain the control they hold, regardless of whether they are particularly interested in valuable agreements or managed assets or whether they are interested in investment. Interest is always specific to the agreement under discussion, which does not mean that they only want any kind of governance token, but the governance token of the specific agreement they are interested in. For example, people who are interested in governance have different reasons, whether as users, builders or liquidity providers, to name a few, if the token holders are regularly allocated, the investment motivation will become more obvious, and the demand for governance tokens will increase as their perceived value increases, so their market value will also increase. The main reason for buying consumable convertible assets such as pure practical tokens is that it grants the right to use the resource network, for example, someone may. 比特币今日价格行情网_okx交易所app_永续合约_比特币怎么买卖交易_虚拟币交易所平台

注册有任何问题请添加 微信：MVIP619 拉你进入群

文章转载注明 网址：https://netpsp.com/?id=63304