Most companies in the public market are valued on revenue or EBITDA; if revenue increases, so does the value of the stock...  As for tokens, it’s an open question. The valuation methodologies haven’t coalesced yet. Cryptoassets written by Burniske and Tatar in 2017 contemplates a few different models including velocity of money (mv=pq), discou... See more

As noted above, we also assumed 100% token ownership so as to isolate the asset’s ability to generate income vs. its utility value as a currency. However, an alternative scenario to consider would be if there remained a subset of holders who own the token and keep it un-staked , perhaps even paying inflation to token stakers. This should only occur... See more