Non-Fungible Tokens and stablecoins

Abstract

In the initial years following the development of ICOs and DAOs, promoters of Blockchain-based products have developed elaborate new products that seek to provide prospective holders of tokens/virtual coins with more opportunities to gain returns. Predictably, these innovations have once again challenged the status quo with the standard code is law/libertarian approach that relies on technology as a source of trust for consumers over the trust that is afforded by the rule of law.