added by Austin Castellaw · updated 2y ago
Unbundling social token economics, governance, and access
Designing Internet-Native Economies: A Guide to Crypto Tokens - Future
11 highlights
sari and added
- Today, crypto technologies like decentralized autonomous organizations (DAOs) and non-fungible tokens (NFTs) enable a new model of character development and ownership that could not only unbundle creative media, but also lower the barrier to entry for online communities to bring new characters into the world. It could also lead to characters that a... See more
from “Fantasy Hollywood” — Crypto and Community-Owned Characters - a16z crypto by Cuy Sheffield
Xuanling11 added
- Tokens can be fungible or non-fungible: Fungible tokens are interchangeable (e.g., the US dollar, bitcoin). Non-fungible tokens (NFTs) are unique (e.g., a piece of art).
from Odyssey DAO - What Is Web3? by odysseydao.com
Emilie Kormienko added