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Cryptoeconomics and Tokenomics as Economics: A Survey with Opinions

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  • Kensuke Ito

Abstract

This paper surveys products and studies on cryptoeconomics and tokenomics from an economic perspective, as these terms are still (i) ill-defined and (ii) disconnected from economic disciplines. We first suggest that they can be novel when integrated; we then conduct a literature review and case study following consensus-building for decentralization and token value for autonomy. Integration requires simultaneous consideration of strategic behavior, spamming, Sybil attacks, free-riding, marginal cost, marginal utility and stabilizers. This survey is the first systematization of knowledge on cryptoeconomics and tokenomics, aiming to bridge the contexts of economics and blockchain.

Suggested Citation

  • Kensuke Ito, 2024. "Cryptoeconomics and Tokenomics as Economics: A Survey with Opinions," Papers 2407.15715, arXiv.org.
    • Handle: RePEc:arx:papers:2407.15715
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    File URL: http://arxiv.org/pdf/2407.15715
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