Understanding Crypto Fundamentals: Value Investing in Cryptoassets and Management of Underlying Risks

© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023

T. JeegersUnderstanding Crypto Fundamentalshttps://doi.org/10.1007/978-1-4842-9309-6_15

15. Assessment Framework

Thomas Jeegers¹  

(1)

Vienna, Austria

 

Success in investing comes not from being right but from being wrong less often than everyone else.

—Aswath Damodaran

Before measuring the value of a cryptoasset, the diligent investor should ask critical questions to identify whether the asset has value in the first place. While the next chapter dives into valuation methods, this chapter covers preliminary questions to filter out candidates for these valuations.

What Problem Is the Asset Solving?

A cryptoasset must address a real, unmet need in the market.

For example, ...