Mike’s Cryptosystems Manifesto
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Saved by Jason Badeaux
Mike’s Cryptosystems Manifesto
The book is a primer to the Web3 and describes how tokens are the main application of this new generation Internet. It starts out by explaining the fundamental building blocks of the Web3 to a non-tech audience and describes why blockchain networks & other distributed ledgers as the backbone of the Web3. The books maps the socioeconomic implica... See more
Shermin Voshmgir • Token Economy: How the Web3 reinvents the Internet (Token Economy: How the Web3 reinvents the internet (English original & foreign language translations))
Token Economy: How the Web3 reinvents the Internet (Token Economy: How the Web3 reinvents the internet (English original & foreign language translations))
Shermin Voshmgir • 1 highlight
amazon.com
In a cryptonetwork, token holders would also be unwilling to supply capital at a loss indefinitely if the token’s only value is derived from its ability to generate profits in the future. However, this gets into the unique properties and value capture mechanisms of crypto – tokens may have value capture outside of their ability to produce income.