Sublime
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Apecoin’s launch was more or less like a start-up IPOing: preexisting holders of Bored Ape Yacht Club NFTs could claim a certain amount of the currency for themselves, for free just because they have an ape. That currency immediately had value.
Dirt • Dirt: Bored Ape Universe
The first transaction in each block is a special case. Most older documentation calls this a generation transaction, but most newer documentation calls it a coinbase transaction (not to be confused with…
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David A. Harding • Mastering Bitcoin
A gold coin is a promise to pay something else of equivalent value to a gold coin. After all, a gold coin is not actually useful in itself. One only accepts it because one assumes other people will.
David Graeber • Debt: The First 5,000 Years,Updated and Expanded
We propose a two-token reputation system, whereby one token, which we call “points,” serves as a non-transferable reputation signal. A second token, “coin,” is a transferable asset dispensed to holders of points on a regular cycle. Effectively, points spin off dividends in coins that can be used as tradable currency.
Andreessen Horowitz (AZ) • A Novel Framework for Reputation-Based Systems
when there is a mixture of 'good' coins with high silver content and 'bad' coins that have been clipped or debased circulating, the public will hoard the valuable good ones and pass on the bad ones to others.