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 👇

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.

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