The ICO Paradox: Transactions Costs, Token Velocity, and Token Value
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Blockchain technology offers firms a novel method of raising capital, via so-called Initial Coin Offerings (ICOs). In the most novel form of an ICO, a firm creates digital assets called utility tokens that are tracked on a blockchain-based ledger; requires that its product be purchased only with
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美国国家经济研究局创建时间：
2019-09-01
