Thoughts on Tokens

Similarly, I think one of the challenges of some of these tokenized projects is to actually kind of put the token in the background and create experiences that people really want to have.

At inception, tokens are neither digital stores of value, nor equities—they are simply promises that attract an audience.

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

Tokens can be useful in capturing user attention and bootstrapping initial adoption, but they need to be coupled with strong product-market fit—solving a widespread need for users—in order to sustain usage.