VCC - Virtual Communities and Collaboration

Paper Type

ERF

Paper Number

1312

Description

There is rapid development in the crypto economy during the past few years. Like Bitcoin and Dogecoin, which have shown us the powerful transaction of the crypto market. Due to the virtualization, non-repudiation, and decentralization, digital token operates in not only a peer-to-peer network providing a private payment mechanism but also an open-source developing network without restriction. From the perspective of open source innovation, the development ecosystem for cryptocurrency draws our attention. In this study, we try to investigate the role of cryptocurrency from two perspectives: open-source collaboration network, and crypto market performance. We are trying to present an approach for analyzing the crypto ecosystem from the development ecosystems, then shed its light on market performance. We also hope this study can offer some recommendations to open-source communities and cryptocurrency traders.

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Aug 10th, 12:00 AM

Investigating the Influence of Crypto Development Ecosystem on Market Performance

There is rapid development in the crypto economy during the past few years. Like Bitcoin and Dogecoin, which have shown us the powerful transaction of the crypto market. Due to the virtualization, non-repudiation, and decentralization, digital token operates in not only a peer-to-peer network providing a private payment mechanism but also an open-source developing network without restriction. From the perspective of open source innovation, the development ecosystem for cryptocurrency draws our attention. In this study, we try to investigate the role of cryptocurrency from two perspectives: open-source collaboration network, and crypto market performance. We are trying to present an approach for analyzing the crypto ecosystem from the development ecosystems, then shed its light on market performance. We also hope this study can offer some recommendations to open-source communities and cryptocurrency traders.

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