Crypto Tokens

Only launch a token when you have figured out: 1. How the community can participate towards meaningful objectives for the network (give tokens for work to be done) 2. Who to distribute ownership to (making sure you are distributing ownership to those that create the most value)

Airdrops are inefficient token distribution mechanisms since they don’t measure how valuable of a contributor a token recipient is Why reward a token to someone if they aren’t going to contribute to the network? We need to be better than just rewarding early users

In a recent thread on crypto, I argued that crypto and tokens enabled the formation of businesses that heretofore could not be created. Some responded that cash could be used in place of tokens, and therefore the ‘innovation’ of crypto was not meaningful. I beg to differ.