Mastering Crypto Assets (E-Book) von Martin Leinweber

Acknowledgments ixPreface xiChapter 1: Introduction. 1Chapter 2: Bitcoin-- A Brief History 32.1 From the Fuel Card to the Trustless Payment System 42.2 Enter Satoshi Nakamoto 72.3 Bitcoin and Blockchain: A Closer Look 92.4 The Fundamentals of Bitcoin 112.5 The Driving Forces behind the Rise of Bitcoin 152.6 Interview with Fred Thiel 172.7 References 25Chapter 3: The Taxonomy of Crypto Assets 273.1 Navigating the Crypto Categorization 273.2 The Difference between Token and Coin 293.3 Payments 303.4 Stablecoins 353.5 Smart Contract Platforms 413.6 Infrastructure Applications 513.7 Centralized Exchanges 573.8 Decentralized Finance 613.9 Non- fungible Tokens 663.10 Media and Entertainment 683.11 Conclusion 743.12 References 74Chapter 4: Valuation of Crypto Assets 774.1 Tokens Explained: What They Are and Why They Matter 774.2 Value Capturing in Crypto: Market Dynamics 824.3 Due Diligence: The Importance of Digital Asset Vetting 884.4 The Network Effect and Metcalfe's Law 974.5 Statistical Valuation Approach 1114.6 References 115Chapter 5: Cryptos as an Asset Class. 1175.1 Characteristics of an Asset Class 1175.2 Conventional Asset Classes 1185.3 Crypto Assets 1405.4 Crypto Assets in the Portfolio Context 1545.5 Crypto Stocks: Alternative, Addition, or Neither? 1645.6 Interview with Jan van Eck 1755.7 Conclusion 1895.8 References 190Chapter 6: Asset Allocation. 1936.1 Foundations of Asset Allocation 1946.2 Approaches to Asset Allocation 2026.3 Navigating Crypto Cycles--More Than a Story 2096.4 Influence of Different Crypto Asset Allocations 2196.5 Dynamic Risk Management 2296.6 Interview with Peter L. Brandt 2346.7 Conclusion 2486.8 References 249Chapter 7: From Staking to Earning. 2517.1 Background of Crypto Staking 2517.2 The Case for Staking 2527.3 The Origin and Mechanism of Staking Rewards 2557.4 Case Study: Understanding Ethereum Staking Rewards Post- Merge 2567.5 How to Participate in Protocol Staking 2617.6 Understanding Staking Risks 2637.7 Liquid Staking Protocols 2657.8 Conclusion 2667.9 References 267Chapter 8: Index Investments 2698.1 Theory Underlying the Case for Index- Based Investments 2698.2 Digital Asset Indexing 2808.3 The Importance of Exchange Vetting and Clean Prices for Institutional Investors 2828.4 Pricing: The Foundation of Capital Markets 2868.5 Moving Out the Risk Curve-- The Benefits of Investing in a Multi- Token Index 2918.6 Crypto Indexing: Can Traditional Strategies Translate to the Fast- Paced Digital Asset Market? 2998.7 Refining Crypto Asset Portfolios: Risk Parity and Beyond-- Exploring Advanced Indexing Strategies in Crypto 3038.8 Benchmark Rates: Safe against Manipulation? 3098.9 Conclusion on Index Investments 3158.10 References 316Chapter 9: Outlook: Navigating the Future-- The Expansive Potential of Digital Assets 3199.1 Reference 323About the Authors. 325Index 327