To avoid a token price crash, token escrow accounts should provide usage and access controls that assure investors escrowed tokens will not be issued at a discount, and lockups or phased releases of escrowed tokens further minimize crash risk.
Source quote, verbatim
To avoid a token price crash, token escrow accounts should provide usage and access controls that assure investors that escrowed tokens will not be issued at a discount.
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
issuers holding unissued tokens in escrow for future funding
Classification
designsupport: arguedtokenomicseconomics
Related claims
restated_bykaal:claim:3249860-009 To avoid a token price crash, escrow accounts holding unissued tokens should carry usage and access controls a...
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