A Beginner's Guide to Social Tokens

As mentioned at the beginning of the essay, protocol tokens are financially valuable in large part because of the "threat of the fee." Taking this idea to its extreme, a token’s governance power is powerful because it gives you the ability to conserve the vibes. As a builder on the protocol, you hold to help ensure that you can’t get deplatformed. ... See more

Despite every social token having very different goals, there’s one feature tying them all together: Community Access.