Blockchains and the Token Economy (eBook) von Mary C. Lacity

1: Implications of the token economy: A taxonomy and research agenda.- 2:  Recovering from blockchain missteps and myths with coopetition.- 3: Finding the right balancepolitical and technical decentralization in the token economy.- 4: Cryptoeconomics: Designing effective incentives and governance models for blockchain networks using insights from economics.- 5: Verifiable Credentials in the Token Economy.- 6: NFTs and the metaverse revolution: Research perspectives and open challenges.- 7: Asset tokenization of real estate in Europe.- 8: Tokenization and regulatory compliance for art and collectibles markets: From regulators' demands for transparency to investors' demands for privacy.- 9: Token-based insurance solutions on blockchain.- 10: Revisiting blockchain token sales: How crypto companies raised money.- 11: Ensuring safety and security in blockchains: A private capital markets example.- 12: Utilizing Non-Fungible Tokens for an event ticketing system.- 13: Saving the oceans with NFTs.

In this book, leading practitioners and academics provide comprehensive coverage and novel insights into blockchains and the token economy. Real world case studies from a wide range of industries provide practical examples of blockchain-based tokens for real estate, logistics, insurance, recruitment, collectibles, reservations, metaverses, and more.  The cases show how tokens provide an innovative way to create and transfer value without relying on traditional intermediaries. Readers will better understand the business and social benefits of tokenization, but also its challenges.

Chapter 3 and Chapter 8 are available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Mary C. Lacity is Walton Professor of Information Systems and Director of the Blockchain Center of Excellence in the Sam M. Walton College of Business at The University of Arkansas, USA.

Horst Treiblmaier is a Professor in International Management at Modul University Vienna, Austria.