Tokenization and DAOs on Blockchains.
Information, Values, Companies on the Internet 3.0
This book is intended for all readers who want to gain a basic understanding of Web3, the Internet of Value. It provides an introduction to the decentralized world of blockchains, smart contracts, new applications of tokenization, digital business models, and decentralized organizations.
After explaining the essential characteristics of distributed ledger technologies, the book critically examines their advantages and potential, as well as the disadvantages of these new technologies.
Tokens are the new digital assets on blockchains. To address the vague, conventional distinctions, the author develops a new, precise classification system for tokens.
In connection with the new token economy, a profile of digital Web3 business models is presented—serving as a starting point for entrepreneurs to develop their own innovative business ideas.
Decentralized Finance (DeFi) explores the functions of new proprietary payment systems. New forms of passive income within the DeFi financial system of cryptocurrencies—and, above all, the financing of blockchain companies through ICOs and STOs—are explained and made understandable.
With DAOs—decentralized, autonomous organizations on blockchains—the author addresses a little-known topic: What is new is the business management perspective on DAOs as companies on blockchains.
The author provides a comprehensive answer to the immediately related question of legal certainty for DAO founders: The book concludes with an overview of the extent to which token economics and DAO formations are currently enshrined in the legal systems of relevant regions, such as the U.S., the EU, or Liechtenstein. This book provides valuable insights not only for DAO founders and digital nomads but also for corporate development and strategy teams within large corporations.
The book concludes with a look ahead to the future of blockchains.
ISBN 978-3-9826589-3-3