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Technology Convergence (TC)

How to design the token reinforcement based on token economy for blockchain model

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초록

영어

The reinforcement of the token, which is based on the token economy currently applied in blockchain-based cryptography, plays a critical role in forming the cryptographic-related ecosystem. Therefore, in this paper, it was investigated the reinforcement principle of token supporting the Token economy for blockchain model. In order to create a healthy ecosystem based on the reinforcement system principle, it is necessary to find ways to secure scalability by seeking consensus between the participants and the market economy structure so that it can generate an influx of more participants than seeking to maximize profits of certain people. Desirable behavior is defined as an action required by ecosystem participants that have the property of making the token ecosystem sustainable, and to do so, each individual receives appropriate incentives (rewards) when taking this action, ultimately encouraging voluntary participation and action by all participants in the ecosystem to optimize the interests of both individuals and participants. The expected benefit of this study may contribute to the establishment of various business models based on the principle of the reinforcement system.

목차

Abstract
1. INTRODUCTION
2. THEORETICAL UNDERSTANDING
2.1 Token and Coin and Token Economy
2.2 Type of tokens
3. REINFORCEMENT PRINCIPLE OF TOKEN
3.1. A problem resulting from a mismatch between reward and target behavior
3.2 Prevention of undesirable behavior
3.3 How to create a sustainable token economy
4. APPLICATION CASE OF BLOCKCHAIN-BASED TOKEN REINFORCEMENT
4.1 The reinforcement principle of bitcoin
4.2 The reinforcement principle of Etherium and Ios
4.3 The reinforcement principle of Lympo
4.4 The compensation principle of SymVerse
5. CONCLUSION
REFERENCE

저자정보

  • Soonduck Yoo Assistant Professor, International management department Hansei Univ. Korea

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