Introducing Token Race

-We can create digital tokens, which enables us to design financial incentive structures for products on the web.

The token design process is becoming increasingly bottoms-up, with more responsibility transferred to the community.

Tokenized communities ensure some means of voting out core contributors and creating, editing, and ratifying community-wide proposals. This is most commonly manifested in treasury governance – members of tokenized communities have a say in how the group’s treasury is allocated. 

Communities donate funds and use a DAO to vote on how that capital is allocated to various contributors in the form of governance proposals.

The core tenet of any web3 project is a token. Operating as the centerpiece of the ecosystem, tokens are the new form of equity. Tokens typically carry governance rights, and allow community members to participate in a product, service or protocol as a co-owner and key decision maker of a shared treasury.S ince 2013, founders have had to think abou

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