Like the first question I ask myself on any token is, why would someone buy this? And it seems like such an obvious question, but in all the talk on play-to-earn, what you hear the most is some variant of, "Oh, it goes back to the Vitalik story, I wish I could have sold my sword in the game, I can't believe I didn't own my things." And that's all g... See more

Here again, Eghbal provides a framework that transcends the open-source context that inspired it. In a digital economy, goods are either excludable or not (meaning paywall-able, essentially), and rivalrous or not (meaning infinitely copyable at zero marginal cost or not). The resulting 2 × 2 matrix describes just about every way to make a buck onli... See more