Network Tokens (BTC, ETH, SOL) vs. Company-Backed Tokens (FTT):
1️⃣ Is the system open?
2️⃣ Do network effects accrue to the system/token?
3️⃣ Can tokenholders accrue independent value?

If yes, then whether it's a L1, L2, DeFi or gaming token, it's likely a network token:

Trying to solve more problems than I cause @a16zcrypto

https://linktr.ee/milesjennings

We’re exploring pay per api call models that reward tokens to open source protocol or ecosystem builders. Then use those as staking tokens so the network is more definitively builder owned. Feels like the ultimate network token.