Pricing Tokens on Industrial Production
10 Pages Posted: 18 Apr 2019
Date Written: March 28, 2019
We develop a model for pricing tokens that can be used to get access to industrial production. Our model accounts for the possibility of multiple product lines and the evolution of industrial demand. We apply our model to pricing the ICO of a Swiss startup.
Keywords: tokens, ICO, optimal execution
JEL Classification: G11, G32, C61
Suggested Citation: Suggested Citation