Crypto Tokens

Predictions on tokens & DAOs: - Current governance tokens are trying to bake too much into a single token. Every DAO in the future will have multiple tokens—at least 3 - A DAO or protocol’s NFTs & social tokens will be more valuable than its governance tokens in the future

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).

It’s weird to me that people get regular tokens, but don’t get NFTs? NFTs are enriched tokens, with higher information density, that can enable far more use cases. It’s a new asset class. If you don’t get it, it’s not due to lack of information, but due to lack of imagination.