2017 and 2018 there has been much talk about Initial Coin Offering (ICO) and cryptocurrencies. Hailed as the future of digital payments and currencies, and even as a currency reserve, this new evolution may change our lives just as the internet did. Token Economy: A Practical Guide to Blockchain Technology & Initial Coin Offering in Asia is expertly written by Rex Wong who skillfully discusses the blockchain technology and regulatory framework of cryptocurrencies and ICOs, particularly from an Asian perspective. In addition, there is an analysis of the guideline for virtual assets portfolio managers and fund distributors in accordance to the recently released regulatory framework by the Hong Kong Securities and Futures Commission (SFC) on 1st November 2018. This book provides an A to Z of ICOs and includes practical guidance on cryptocurrency exchanges, valuations and where this technology is heading in the future; as well as a commentary on the major cryptocurrencies currently traded. This book is highly recommended for investment professionals, entrepreneurs, finance students or those interested in implementing blockchain technology into their business.
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