1) A tokenized network owned by its users

Jesse Walden defines “patronage+” as patronage with the possibility of profit, a phenomenon that is introduced through tokenized ownership. That investment element was an impossibility in web2 without an on-chain record of ownership like an NFT or a social token (imagine trying to resell a TikTok video that was downloaded from the app).

For example, FWB is tokenized. Membership is limited to tokenholders above a certain threshold. Events are token-gated. Content is token-gated. Life in FWB revolves around the token.