Web3 applications lack some traditional sources of defensibility, but have a new powerful one: tokens.
Let’s explore “token network effects” ⬇️
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Web3 applications lack some traditional sources of defensibility, but have a new powerful one: tokens. Let’s explore “token network effects” ⬇️
Why Creator Tokens Will Precede Community Tokens - a16z crypto
Andreessen Horowitz (AZ)future.a16z.com
The opportunity in Web3 is to leverage tokens and the underlying decentralized tech to build and bootstrap these new networks.
Femstreet • The New Creator Economy
1. User ownership can jumpstart growth, but sustaining it is more challenging Giving users ownership in the form of tokens can be a powerful alternative to paid marketing, helping to bootstrap networks and overcome the cold-start problem.