Why Creator Tokens Will Precede Community Tokens - a16z crypto

Paradigm 1: Tokenizing Digital Creators vs. Digital Communities The future of tokenization is infinitely complex when considering who and what can be tokenized. But this seemingly complex topic can be simplified if you break tokenization down into two main groups, digital creators, and digital communities.A digital creator is typically one leader w... See more

Community tokens > Social tokens. For the past couple years, social tokens were a hot topic when discussing the future of crypto-native consumer apps. The thought went, “wouldn’t it be cool if you could invest in people the same way you can invest in stocks?” Bitclout’s initial traction was a sign that there’s demand for this type of product. But s... See more

True creator tokens will be difficult to design, and even more difficult to successfully implement. I think we’re going to see a lot of trial and error — and that’s ok. The overall goals are admirable: enabling creators to access additional sources of capital, allowing fans to share in the upside from investing time and money into supporting their ... See more