Crypto Tokens

here are some posts about online communities that I find very good for one reason or another (Not a full list, no particular order, mostly from the running list we keep at @capiche. screenshots in this thread are their quotes, not my notes) Please add to this list! 👇thread👇

Amazon stock (or most growth stocks) is no different from "useless governance token". Amazon doesn't give dividend. Being a share "owner" is in name only, w/ no benefit except hoping other people'll bet on it too so price go up. All risk asset market valuation is mostly a meme

The Web 3 playbook: using token incentives to bootstrap new networks. 🧵

Tokens give communities superpowers once reserved for countries or corporations. 💸 Generate and distribute value 🏦 Manage a shared "bank" account ⚖️ Global governance and decision making The hard work is figuring out how to use these powers for good. 🌱