{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/4033886-037",
 "identifier": "kaal:claim:4033886-037",
 "text": "Under a deflationary token issuance model, which caps the number of tokens ever issued, prices are expected to increase because of the fundamental scarcity of token supply.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022). SSRN: https://ssrn.com/abstract=4033886",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Digital Asset Valuation",
  "datePublished": "2022",
  "url": "https://ssrn.com/abstract=4033886",
  "sha256": "52ba05b1292b1be4bfaf1ee5cf56b14fea9c196d870603e794d7ee316df129bd",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20et%20al.%20-%202022%20-%20Digital%20Asset%20Valuation.pdf"
 },
 "keywords": [
  "tokenomics",
  "economics"
 ],
 "about": [
  "deflationary-tokens",
  "scarcity",
  "token-issuance",
  "price-formation"
 ],
 "abstract": "With a deflationary method, prices are expected to increase due to fundamental scarcity of token supply.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "deflationary token models such as Bitcoin"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/def97d722dd837184b81ff8a2bfc6e14d34458c2b7a73c9481cbddaa669f6c9d.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "restates",
     "to": "https://wulfkaal.github.io/claims/3249860-029",
     "to_id": "kaal:claim:3249860-029",
     "similarity": 0.75
    },
    {
     "rel": "extends",
     "to": "https://wulfkaal.github.io/claims/3249860-028",
     "to_id": "kaal:claim:3249860-028",
     "similarity": 0.442
    },
    {
     "rel": "restates",
     "to": "https://wulfkaal.github.io/claims/3067615-009",
     "to_id": "kaal:claim:3067615-009",
     "similarity": 0.308
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "def97d722dd837184b81ff8a2bfc6e14d34458c2b7a73c9481cbddaa669f6c9d",
 "canonicalForm": "https://wulfkaal.github.io/claims/4033886-037.md"
}