Heinrich, TimoTimoHeinrichter Veer, Kane F.Kane F.ter Veer2024-09-202024-09-202024-09-19International Journal of Finance & Economics: 3046 (2024)https://hdl.handle.net/11420/49154This 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.en1099-11582024Wileyhttps://creativecommons.org/licenses/by/4.0/blockchainmonetary policy communicationmonetary policy frameworkstext miningtokenomicsvirtual economiesSocial Sciences::330: EconomicsComputer Science, Information and General Works::006: Special computer methodsTechnology::658: MarketingJournal Article10.15480/882.1331310.1002/ijfe.304610.15480/882.13313Journal Article