New Models for Utility Tokens

Aside from being productive capital assets, you have likely heard some variation of these two other buckets for assets (neither of which are necessarily mutually exclusive with each other or capital assets):

• Consumable / Transformable Asset – Sometimes also classified as commodity or utility value. Cryptoassets offer infinitely programmable, fast,

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Given this, we could say the total income (i.e., revenue) of all traditional PoS token holders = TEV. They are productive income-generating assets. Conversely, the total income of all PoW token holders = 0. For example, BTC holders have no rights to receive any TEV. BTC’s value proposition is as a monetary asset, not an income-generating asset.

Are you supposed to hold this token as an investment? Or is it a token you’re supposed to spend?  Is some mechanism where you get paid for holding and using a token?

PoW assets tend to be more commodity-like relative to PoS assets which tend to be more equity-like. So at times, these PoW metrics will seem a bit silly in the way that calculating the income of holding gold would seem silly. Nobody buys gold or BTC looking for the most productive income-generating asset. Nonetheless, it’s helpful to include both P... See more