By Asset 2 - Utility Tokens

---

danger

(Under development. Please, come back later. Just published to share the progress)

1. Introduction

---

2. Defining Value

Across the history, a few economic models have been proposed. Putting these economic models in practise reuire either a broad consensus betwen the citizens or the compromise of a central planner.

• what holds the value? time, energy, commodities, work, costs, utility, capital, politics

• who determines the value, citizens), plannr top down)

• what i valu? Land Theory of Value Physiocrats), Intrinsic Theory of Value Adam Smith), Labor Theory of Value )Ricardo), Use Value / Exchange Value Theory Marx), Commodity’s costs of production John Stuart Mill ), Subjective Theory of Value Menger), Marginal Utility Theory of Value Jevons), Monetary theory of value Keynes), Power Theory of Value

4. Utility Tokens (Utility Capture)

---

Utility backed tokens are backed by some utility or service, but they do not follow a monetary policy to capture the underlying value or price of this service.

Token Backing	Token Backing Type	Examples
Speculative Value	Algorithmic	RAI, Ampleforth, Olympus DAO
Objective Utility Token	Play To Earn	RobotEra, TamaDoge, Swords of Blood, Securedverse, Battle Infinity, MANA
	Move To Earn	StepN
	Recycle To Earn	Ecoterra
	PoPW Network	Helium, Pollen Mobile, Dimo, HiveMapper, PlanetWatch, Filecoin, Arweave
	Social Network	BAT
Subjective Virtual Utility Tokens	Play To Own	Lucky Block
	TCR	Reddit
Subjective Real Utility Tokens	Exchange	UNI, CAKE
	Supply Chain	VET, Ambrosus, Agro Global, Modultrade, GCWine
	Lending
Utility Coin	PoW Network	BTC, LTC, DOGE, XMR, ETC, BCH, ZEC, CFX, RVN, ETHW, FLUX, ZEN
	PoS Network	ETH, BNB, MATIC, SOL, ADA