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Membership NFTs
New users are interacting with web3 applications for the first time not because they were allured by the idea of unstoppable money, but by beautiful pieces of art, music, NBA clips, games that earn them money, community ownership, and a general sense of belonging. It feels like we're entering the next evolutionary phase of online communities, where... See more
Nick Johnson • Creators, Communities, and the Gray Space in the Middle — Nichanan Kesonpat
If you look at the social DAO landscape, you’ll see communities with different social token models. Some, like FWB, use a fungible social token to gate community access. Many emerging PFP-based communities like BAYC use NFTs as the primary community gating mechanism. Whether fungible or non-fungible, social tokens in DAOs usually represent three di... See more
Jonathan Hillis • Unbundling social token economics, governance, and access
Despite every social token having very different goals, there’s one feature tying them all together: Community Access.