entity · derived

Underlying value

2 claims across 1 works, 2018–2018.

Derived node: assembled mechanically from the claims carrying underlying-value. A roster, not an adjudicated definition.

Every claim under this term

• 3249860-026 2018 empirical: Thirty-two of the top 100 tokens have inherent value, for example as a currency, and thirty-two derive their underlying value from giving holders permission to use a digital service.
• 3249860-027 2018 predictive: Permission to use a service via the token took over as the dominant type of underlying value in June 2017, and the author sees multiple indicia that this trend toward tokens granting rights to use ser

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