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Web3 Games Regulation: KYC, AML and VAT - FOGcast #37

Future of Gaming

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How to Determine Whether or Not a Token Has a Dollar Value

Nico: What determines the actual, whether or not it has a dollar value? If it's traded person to person, right? So let's say you're able to get something with an Axi and that can leave Axi and be bought and sold. At what point do they draw that line of, okay, there's a marketplace therefore it now has adollar value? Or if it's peer to peer trading only or if it's on exchange,. Like how do you decide this quote unquote has a dollarvalue versus just like people are selling buying to each other? Nico: That's why I'm curious about it. Very good question. And again, I don't have

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