Abstract
Blockchain technology has introduced a range of cryptocurrency tokens linked to various commercial and non-profit endeavors. With the rise of cryptocurrencies, several token economies have emerged to allow stakeholders to profit from the tokens they earn. This has prompted numerous researches to determine the market trends in this arena. This paper first conducts two studies to understand the cause of fluctuations in crypto-token prices and attempts to understand the underlying causes before proposing a sustainable solution to a token reward-based carbon reduction initiative in which the stakeholders will be awarded crypto-tokens in accordance with the underlying algorithm. In this article, we put forward two hypotheses and tried to come to a conclusion by putting out a fitment factor for stabilizing our cryptocurrency from the influence of the supply and demand curve for a long-term token economy. This paper describes the methodology, findings, and interpretation of the two investigation remedies for the same.
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© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
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Panch, A., Sharma, O.P. (2023). Token Economy Dynamics Toward Achieving a Sustainable Token Economy for Carbon Credit Exchange. In: Kumar, S., Hiranwal, S., Purohit, S., Prasad, M. (eds) Proceedings of International Conference on Communication and Computational Technologies. ICCCT 2023. Algorithms for Intelligent Systems. Springer, Singapore. https://doi.org/10.1007/978-981-99-3485-0_19
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DOI: https://doi.org/10.1007/978-981-99-3485-0_19
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