my partner @tracecrypto1 and i wrote short post on AppTokens and why they excite us. anyone building an app with a token should give them a serious look. it can really open up the design space and, we think, cure a lot of the issues that are caused by 'naive' tokens

Apptokens are the biggest public secret in crypto.

@AlokVasudev and I write about how they can stabilize crypto apps, introduce new business models, and drive sustainable adoption. 🧵:

Nick Matthew

my partner @tracecrypto1 and i wrote short post on AppTokens and why they excite us. anyone building an app with a token should give them a serious look. it can really open up the design space and, we think, cure a lot of the issues that are caused by 'naive' tokens

https://x.com/nickjmatt/status/1899865153631306036

This is very cool! Love the design exploration beyond vanilla mechanics available today

Separately, need to learn what a "Complaint token" is

Collectively, these primitives radically expand the design space for tokens and their corresponding apps.
 
Here are just a few of our favorite examples of what can be built with Apptokens:

1. Spend-only tokens
2. Branded stablecoins
3. Trading-constrained tokens
4. Expiry-tokens
5. Complaint tokens
6. Client-bound tokens

This is very cool! Love the design exploration beyond vanilla mechanics available today

Separately, need to learn what a "Complaint token" is

https://x.com/nickjmatt/status/1899865166012989694

In reading it it seems like this kind of control is something application builders would have wanted for a quite a long time.

Why do you think it is only happening now?