ANALYSIS OF MODERN TOOLS FOR EVALUATING DIGITAL ASSETS

Abstract

The article identified the features inherent in digital assets, determined their structure. Based on a comparative analysis of scientific definitions of "digital assets", the author's concept is presented. The approaches to assessing the value of digital assets based on modifications of traditional approaches and modern ones focused on analyzing various options for specific market characteristics are presented. The main trends and problems in the development of the methodology for assessing the value of digital assets in the context of Industry 4.0 are identified. It has been confirmed that the digital asset market is characterized by a sufficient degree of volatility in the context of information asymmetry. It is noted that the lack of quantifiable indicators present in traditional financial instruments makes it difficult to determine their value. Criticism of the models for assessing the value of digital assets considered in the scientific literature is presented. It was determined that the development of the methodology for assessing digital assets should go along two main directions: the assessment of cryptoassets as a means of payment and the assessment of digital assets that create added value. It is concluded that the functioning of the digital asset market is subject to a number of objective laws that require understanding, including with respect to network effects, which, in turn, will allow the development of objective methods for their assessment in the context of Industry 4.0, that not only the approach to valuation of digital assets, but all the experience gained in the field of valuation.

The article was prepared based on the results of research carried out at the expense of budgetary funds on the state order of the Financial University.