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:

Also what is the most successful DUNA you’ve seen so far?

My research has revealed much more literature than execution. I really want to position our project Pakt.world as one of the first and put American Dynamism onchain, but there doesn’t seem to be much of a template.

Trying to solve more problems than I cause @a16zcrypto

https://linktr.ee/milesjennings