Crypto Tokens

Hate to be a party poopoooor but... So much 101 startup knowledge seems to be forgotten in the race to just launch tokens in crypto these days. I think the space has *not* become useful enough that decentralized governance should be a priority. Lil thread 👇

Most of the "tokenized securities" being hyped are "digital stock certificates", not permission-less decentralized businesses with on-chain cash flows & dividends. The former is a cash grab by under-writers, the latter is the potential 10x disruption (a precursor to full DAOs).