Web3 applications lack some traditional sources of defensibility, but have a new powerful one: tokens.
Let’s explore “token network effects” ⬇️
Li Jintwitter.comSaved by sari
Web3 applications lack some traditional sources of defensibility, but have a new powerful one: tokens. Let’s explore “token network effects” ⬇️
We believe that all companies with network effects will have tokens in the next five years to help them bond nodes to their networks, both their product network and their company network.
James Currier • Network Bonding Theory: Grow Your Startup By Making It A Network
Web2 centralization = demand aggregation, as @benthompson’s points out. Tokens could be Web3's secret weapon to solve the chicken & egg problem. At least in theory. A thread on OpenSea, Looks Rare and tokenomics 🧵 https://t.co/J01tLCJT1g