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We’re (in) the money
Creators, Communities, and the Gray Space in the Middle — Nichanan Kesonpat
Nick Johnsonnichanank.com
DAOs seek to solve many of the most pressing problems that traditional companies face today thanks to cryptographic mechanisms and Social Tokens. By leveraging new technologies, they give freedom and power back to the person, and give back assets that individuals seek today and that traditional companies took away a long time ago.Incentives will ne... See more
BanklessDAO • State of the DAOs #7: Social Tokens and the Future of Work
Decentralized Autonomous Organizations and the Promise of Utopia · Feature ⟋ RA
ra.co
Once we solve the Social Token Paradox, capital will no longer be the primary status symbol in web3. Instead, status will be composed of how many communities you are a part of, or how many things you’ve done online. The more online history you have, the richer your own story is, and the more things you can be a part of in the future.
Gaby Goldberg • Social Token Paradox
Starting a social token can be an excellent way to raise financing. It can also turn followers into investors and align a group around a common cause.