The Differential Diffusion of Exchange and Utility Value Blockchain Tokens

The authors gratefully acknowledge the constructive guidance of the senior editor and associate editor as well as the feedback of the anonymous reviewers who collectively enabled them to strengthen the ideas in this article. All errors remain those of the authors. The authors thank Prof. Christoph Mueller-Bloch for serving as an external judge to validate the token classification method. The authors also express gratitude to seminar participants at Indiana University, Institut d’Economie Scientifique Et de Gestion (IESEG) School of Management, Tamkang University, Hong Kong Baptist University, University of Cincinnati, Nanyang Technological University, and Escola Superior d’Administrasió i Direcció d'Empreses (ESADE) Ramon Llull University, where this research was presented and received extensive feedback.