Beyond Price: Why We Need a Better Way to Value Crypto Assets

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative.

The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers.

The most commonly cited number for comparing the worth of different crypto projects is market capitalization. It is an extremely flawed metric.

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