Crypto Tokens
sari and
Crypto Tokens
Tokens that get their value from "governance rights" are mostly bullshit.
In order to assess whether the governance rights are actually valuable, look at 3 related areas:
- Scope
- Scale
- Selfish Benefits
Quick 🧵
Kash (🐱, 🐐)twitter.com
The thesis for value accrual in the social token ecosystem is straightforward.
Social token platforms with strong token economic models – that directly capture value from social tokens – will have the greatest opportunity to accrue revenue and value from social tokens.
1/
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 👇
hagaetc.ethtwitter.com
