Communicating tokenomics and monetary policy : a comparative analysis of real and virtual economies

This article investigates the economic governance of blockchain-based virtual economies in the context of monetary policy. Focusing on tokenomics communication, we employ deductive and inductive approaches, applying real-world monetary policy metrics and text mining frameworks. Our comparative analysis reveals that the tokenomics communication in blockchain-based virtual economies primarily functions as a fundraising tool, lacking policy discussions, with divergences from real-world economies in policy goals and numerical targets. Furthermore, our research highlights similarities between blockchain-based virtual economies and early-stage low-income developing countries in communication dynamics.

Subjects

blockchain

monetary policy communication

monetary policy frameworks

text mining

tokenomics

virtual economies

DDC Class

330: Economics

006: Special computer methods

658: General Managament

Funding(s)

Projekt DEAL

Publication version

publishedVersion

Lizenz

https://creativecommons.org/licenses/by/4.0/

Name

Int J Fin Econ - 2024 - Veer - Communicating tokenomics and monetary policy A comparative analysis of real and virtual.pdf

Type

Main Article

Size

2.82 MB

Format

Adobe PDF

Options

Communicating tokenomics and monetary policy : a comparative analysis of real and virtual economies