kaal:claim:3606663-016

Immature markets such as the market for digital assets in 2020 often cannot attract the institutional investors and venture capitalists who have sufficient operating experience in that market, which is a self reinforcing constraint on market development.

Immature markets, such as the market for digital assets in 2020 often cannot attract institutional investors and venture capitalists that have sufficient operating experience in that market.

Kaal, Digital Asset Market Evolution (2020), III. Digital Asset Market Evolution, p. 28
https://ssrn.com/abstract=3606663 · source PDF

Kaal, Digital Asset Market Evolution (2020). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3606663

• immature or nascent asset markets
• digital asset market as of 2020

failuresupport: arguedfailure: experience gap in immature marketsfamily: cold-start-and-bootstrappingeconomicsinstitutional-designinnovation

• extended_by kaal:claim:3936876-022 Institutional investors are less likely to engage in digital asset investments where custody solutions for dig...

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