Membership Tokens: tokens that represent membership in an individual community that falls under a “network’s” umbrella. 

Tokenized community: a progressively self-managing and collectively-governed community that works toward the proliferation and development of a common meme using a token as its primary means of coordination. 

Tokenized: coordinates around a commonly held token on a blockchain.

This isn’t the only way forward. Very opinionated tokenomics might not be possible without each tokenized community having some sort of unique coordination token. The point is that if club tokens are representative of the memes, then “community M&A” might actually take the form of just… using the same token. 

Platformless: not inherently tied to any centralized platform or tool.

In other words, companies are valuable when they continuously extract value for shareholders. Protocols are valuable when they continuously create value for the public. ([View Highlight](https://instapaper.com/read/1492780094/19098815))Tokenized communities can take many forms, but they can be defined by the following:

A good way to test this for most tokenized communities today is to ask: if their primary communications tool (e.g. Discord) disappeared, would this community still exist?

For example, FWB is tokenized. Membership is limited to tokenholders above a certain threshold. Events are token-gated. Content is token-gated. Life in FWB revolves around the token.

Aspirational: actively working to progressively fulfill the first 6 criteria.