A Brief Discussion on the Value Representation of Digital Assets in Different Periods

Abstract

With the rapid advancement of information technology, digital assets are playing an increasingly crucial role in the global economic system. This paper provides an in-depth analysis of how digital assets manifest their value across different periods, examining their characteristics, driving factors, and challenges during the nascent, developmental, mature, and transformative stages. By offering a comprehensive discussion of each stage, this study reveals the evolution of digital asset value, providing valuable insights for enterprises and investors.