In theory, crypto makes it possible for users to partake in the success of the products and communities they are part of. In practice, token-based economies are very difficult to design. We’re going to see a lot of trial and error. Some challenges I'm seeing:

1/ On the Nature of the Token Shapes the Nature of the Holders Who Shape The Nature Of The Token. In the short-run, anything can happen with any token. What determines the long-run though? What determines what will happen in 5, 10, 20 years?

1/ What is an NFT? Wait, what? Isn't this easy? I am not so sure. Let's take a look!