added by sari · updated 2y ago
How Will We Value a Crypto Token? by @ttunguz
- Perhaps most interestingly, there are some potential new opportunities by which protocols might actually be much more sustainable. In the last few years, with the development of cryptocurrencies and tokens, it has become theoretically possible to build a protocol that uses a cryptocurrency or a token that has some value attached to it, with the val... See more
from Protocols, Not Platforms: A Technological Approach to Free Speech by Mike Masnick
sari added
- The arrival of blockchains over the past decade created a new option for impatient VCs. Companies in the Web 2.0 era produced only goods and services, whose value was always denominated in dollars or other national currencies. But companies in the web3 era offer a third product — tokens — and the value of those tokens is far less tethered to realit... See more
from There's Something Off About ApeCoin by Casey Newton
sari added
- The work token model captures ~100x more value than the proprietary payment currency model.How is this possible?If you instead use a utility token as a right to perform work on behalf of the network, it becomes valued at a multiple of the operating cash flows that the system generates rather than as a fraction of revenues paid to service providers.
from New Models for Utility Tokens by Kyle Samani
Jason Badeaux added