An Introduction to Cryptocurrencies: The Crypto Market Ecosystem

ISBN-13: 9780367370770 / Angielski / Twarda / 2020 / 88 str.

Nikos Daskalakis; Panagiotis Georgitseas

Opis

This textbook adopts an integrated approach, linking traditional functions of the current financial system (payments, traded assets, fundraising, regulation) with the respective functions in the crypto market, in order to facilitate the reader in their understanding of how this new Crypto Market Ecosystem works.

Spis treści

List of Figures and Tables Chapter 1: The new era of encrypted Finance 1.1 The traditional financial system and its main counterparts 1.2. The new era of finance: encrypting the financial system 1.3. Introducing the main counterparts of the new encrypted financial system Chapter 2: The Infrastructure: the Blockchain technology 2.1. What is blockchain technology 2.2. How the blockchain technology works 2.3. How blockchain mining works 2.4. Blockchain Consensus Mechanisms 2.5. Blockchain 2.0: The Ethereum platform 2.6. Smart Contracts 2.7. Alternative uses of Blockchain Technology Chapter 3: The traded assets: Introduction to Cryptocurrencies 3.1. Definitions and Taxonomy: Digital currencies, Virtual Currencies, Cryptocurrencies, Tokens 3.1.1. Digital currencies 3.1.2. Virtual Currencies 3.1.3. Cryptocurrencies 3.1.4. Tokens 3.2. How do cryptocurrencies transactions work 3.3. Properties and main characteristics of cryptocurrencies 3.4. Altcoins (Alternative Cryptocurrencies) 3.5. Trends in the Cryptocurrency market 3.6. Stablecoins 　 Chapter 4: "Tokenomics" and Valuation 4.1. Barriers to Pricing and Valuation 4.2. Token Supply and Demand Model 4.3. Quantity Theory of Money 4.4. Token Economics of Utility 4.5. Combining the monetary policies and the economics of utility 4.6. Discounted Cash Flows Model 4.7. Technical analysis 4.7.1. Assumptions of technical analysis 4.7.2. Tools of technical analysis and some crypto market examples 4.7.3. Technical analysis and the crypto market: Exploring the EMH Chapter 5: Fund raising: Initial Coin Offerings: (ICOs) 5.1. Defining Initial Coin Offerings (ICOs) 5.2. The road to ICOs 5.3. How does an ICO work 5.4. Main features of an ICO 5.5. The Tokens 5.6. The importance of Whitepaper in ICOs 5.7. Comparing ICOs with IPOs and Crowdfunding Chapter 6: The Regulatory Framework 6.1. Introduction 6.2. United States of America 6.3. Singapore 6.4. Canada 6.5. China – South Korea 6.6. United Kingdom 6.7. Australia 6.8. Switzerland 6.9. Japan 6.10. European Union 6.11. Comparative analysis and conclusions of regulatory approaches 　 Index