Tokens of appreciating appreciation

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.

Participation. The token gives me permission to participate in the project and/or its culture, in whatever way that may be defined.

To me, the key is the identification and redistribution of latent value back to the community through compelling engagement loops, and the encouragement of long-term incentive models for group coordination.

-Social incentives - It's more of a social, collectible value that people are proud to own. Social Tokens create status within a community. Think of Airline miles that generate status within a specific sphere (Airline lounge, first to enter the plane, etc..) or special perks in Discord servers