A Blockchain Token Economy Model for Financing a Decentralized Electric Vehicle Charging Platform

Recent advances in distributed ledger technologies enable new types of decentralized governance and financing for technology platforms. In this paper, we analyze the current state-of-the-art in platform financing and propose a novel way to sustainably finance decentralized technology platforms using a blockchain-based token economy. We design and develop a token model and demonstrate its usefulness for financing the Open Charging Network, an electric vehicle charging platform governed by the Share&Charge foundation. Based on a multi-method simulation approach, we evaluate our token economy model and show, that it can provide sustainable financing for a technology platform with decentralized governance.