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  1. Definition. 1. "ethereum it is not another cryptocurrency. It is rather a P2P financial infrastructure able to support any kind of currency design, if expressed as a collective Smart Contract." 2. "Ethereum is a community-driven project aiming to decentralize the internet and return it to its democratic roots.

  2. Gas fees from PGN transactions are pooled to support public goods initiatives. Further, ETH is the native token of the network removing it from the issues of tokenomics, instead simply acting as a route to generate community funds through transacting on chain.

  3. Given that buying in to the Holo ICO with ETH will be at a specific price, we were keen to understand how the value of HOT has been calculated, how it hopes to avoid being linked in value to ETH and other crypto currency prices in the future, and how HOT will

  4. The native asset ether (ETH) is used to pay for state changes, and to reward validators for participating in consensus which advancing the chain. While Ethereum’s lack of onchain governance prevents capital having a direct voice (in the form of ETH) in stakeholder decision making, the asset holders may try to steer the protocol down suboptimal paths.

  5. Critical to pricing options is quantifying the volatility of the underlying asset and the time to maturity. We cannot yet model volatility, and we cannot know the time horizons of success. But the first factor can potentially be known for crypto tokens that exist to produce something: an accountable, measurable value of some kind.

  6. The concept. 1. "A Decentralized autonomous organizations (“DAO”) is a new type of organization, best comparable to a digital company, but without an attached legal entity. Made from irrefutable computer code, it is operated entirely by its community, which backs its future growth by purchasing DAO tokens using ETH, the fuel of the Ethereum ...

  7. ... Hyperstructures have Expansive Fees — built-in incentives that can be utilized by anyone adding value in a codified manner on top of the protocol. These fees are transparent and available to the entire ecosystem. To effectively earn these fees on top of the hyperstructure, you need to provide the desired value as defined by the protocol.

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