Highlights the Velocity Problem for utility tokens, makes the comparison of utility tokens to working capital and proposes that any crypto asset that is not viewed as a store of value will have a difficult time accruing value over the long-term. - 4/2/18
Valuation Depot Contents
Copyright 2023. All rights reserved. Ikigai.
Ikigai is a member of NFA and is subject to NFA's Regulatory Oversight And Examinations. Ikigai has engaged or may engage in underlying or spot virtual currency transactions in a Commodity Pool. Although, NFA has jurisdiction over ikigai and its Commodity Pool, you should be aware that NFA does not have regulatory oversight authority for underlying or spot market virtual currency products or transactions or virtual currency exchanges, custodians or markets. You should also be aware that given certain material characteristics of these products, including lack of a centralized pricing source and the opaque nature of the virtual currency market, there currently is no sound or acceptable practice for NFA to adequately verify the ownership and control of a virtual currency or the valuation attributed to a virtual currency by Ikigai.