Smartlands Economics: The Misunderstood Value of Utility

Ecosystems based on blockchains are diverse and complex. Faced with a variety of structural issues that have sprung in the past two years, the methodology of evaluating the various types of tokens compared to the actual value they represent needs to be considered carefully.

Unlike legacy businesses, Smartlands worked very hard on developing a business model of its own; therefore, if we base Smartlands valuation on the methodology for traditional companies (price-to-earnings or EV/EBITDA ratios, or even industry-specific methodology like EV/User), yielded results are likely to be incorrect.

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