Four Paradigms of Tokenized Communities

Paradigm 2: Social vs. Economic Incentives There are currently two main ways to incentivize participation in a token network, social incentives, or economic incentives.Social incentive:For most fans it’s really about the flex: ‘I was the first person to be a fan’ or, ‘I’m the biggest fan.’ The social side of it exists because people just want valid... See more

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

Paradigm 3: Platform Freedom What [token networks] unlock is the potential for a community to have autonomy from a platform. In the context of a single creator, they could have some existing leader board that is tied to an existing platform like Twitch. And then, they could bootstrap their community token off of that leaderboard. — Jesse WaldenOnce... See more

Paradigm 4: Long Term Games Blake Robbins described the state of the traditional influencer and business agent relationship today as being heavily aligned in the short term, influencer get’s paid by sponsor or advertising revue, but less aligned in the long term (growing a sustainable community and product offering).When creators tokenize what they... See more