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 "text": "DCF appears at first glance unsuited to digital asset valuation because valuation is framed as pricing a token at a point in time, but it becomes applicable where networks return cash flows to token holders or to those who contribute work.",
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  "name": "Wulf A. Kaal",
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 "citation": "Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022). SSRN: https://ssrn.com/abstract=4033886",
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