THEORY AND PRACTICE OF TOKEN ECONOMIES B

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THEORY AND PRACTICE OF TOKEN ECONOMIES B

Lecturer(s)	FUKUHARA, MASAHIRO; SAITO, WAKUO
Credit(s)	2
Academic Year/Semester	2025 Fall
Day/Period	Tue.1
Campus	Mita
Class Format	Face-to-face classes (conducted mainly in-person)
Registration Number	87619
Faculty/Graduate School	ECONOMICS
Department/Major	ECONOMICS Type A, B
Year Level	3, 4
Field	MAJOR SUBJECTS ELECTIVE
Grade Type	This item will appear when you log in (Keio ID required).
Course Description	In this course, we first provide an overview of the core technologies that support Web3 such as blockchain. Then, we present examples of token economy applications such as NFT and X to Earn. As lecturers for this course, we plan to invite founders of startup companies and experts from IT companies and financial institutions.
K-Number	FEC-EC-35113-212-07

Course Administrator	Faculty/Graduate School	FEC	ECONOMICS
Course Administrator	Department/Major	EC	ECONOMICS
Main Course Number	Level	3	Third-year level coursework
	Major Classification	5	Major Subjects Course- Advanced Course
	Minor Classification	11	Lecture - Econometrics and Statistics
	Subject Type	3	Elective subject
Supplemental Course Information	Class Classification	2	Lecture
	Class Format	1	Face-to-face classes (conducted mainly in-person)
	Language of Instruction	2	English
Academic Discipline		07	Economics, business administration, and related fields

Course Contents/Objectives/Teaching Method/Intended Learning Outcome

Students who enroll in this class must frequently open their keio.jp e-mail and/or the page for this class on KLM (CANVAS). This is for the purpose of not missing important messages regarding this class.

This class is offered in both English and in Japanese. In this class, students form groups to promote a new token-economy product (business model and service), create its prototype and present it at the final presentation session. In preparation, there will be lectures on blockchains, Web3, DeFi (Decentralised Finance), DAO (Decentralized Autonomous Organization) and X to Eaern. Students will then learn how to use Figma and NetLogo. By this time students should be ready to form groups and decide a new business model and product to work on. Each group will be assigned a mentor who is working in this field. All groups present their progress at least twice during the term. The final presentation session will be in the form of a competition where mentors vote for the best product. Students who fail to provide a working prototype will receive lower grades.

For students who are absent for the fourth time (or more often than that) for whatever reason, the highest possible grade is B regardless of their class participation, quality of their presenation and product etc.
Not submitting the end of term assignment will result in a D for this class. Submission is via KLM (CANVAS). If the file you submit ends up being broken for some technical reason, we will ask you to re-upload your file. The evaluation will be a D if you fail to respond to such a request.

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Lab / Skill-development / On-site training	An educational approach in which students deepen their understanding of educational content through first-hand experience and trial-and-error by initiating their own activities at facilities and accommodations both on and off campus.
Fieldwork	An educational approach in which students conduct surveys and observations on their own to collect information both on and off campus.
Presentations	An educational approach in which students deepen their understanding of educational content by preparing materials and delivering presentations in class.
Discussions, Debates	An educational approach in which students deepen their understanding of educational content through sharing and discussing their opinions on designated topics.
Group work	An educational approach in which students are divided into small groups and assigned tasks on issues related to educational content.
Role-playing	An educational approach in which students deepen their understanding of educational content by being assigned specific roles to play, thus allowing them to experience different viewpoints.
Flipped classroom	An educational approach in which students study the course lecture in advance, and questions and discussions relating to that content are then held in class.
Problem-based learning	An educational approach in which students acquire knowledge and skills related to educational content by attempting to tackle specific projects or problems posed to them.