kaal:claim:3067615-009

An issuer can pre-define monetary policy in crypto economics by fixing the number of tokens created and issued, and a maximum token issuance combined with controlled token supply releases can make small increases in demand drive token prices higher.

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Source quote, verbatim

A maximum token issuance in combination with controlled token supply releases can result in small increases in demand driving token prices higher.

From

Wulf A. Kaal, Marco Dell'Erba, Initial Coin Offerings Emerging Practices, Risk Factors, and Red Flags (2017), II.3 Crypto Economics, p. 10
https://ssrn.com/abstract=3067615 · source PDF

Cite as

Wulf A. Kaal, Marco Dell'Erba, Initial Coin Offerings Emerging Practices, Risk Factors, and Red Flags (2017). SSRN: https://ssrn.com/abstract=3067615

Holds when

token issuances with a predetermined maximum supply

Classification

mechanismsupport: arguedeconomicstokenomics

Related claims

restated_by kaal:claim:3249860-008 An issuer's ICO strategy can pre-define the token economy's monetary policy by predetermining the fixed number...
restated_by kaal:claim:4033886-037 Under a deflationary token issuance model, which caps the number of tokens ever issued, prices are expected to...

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