Eddy Lazzarin 🟠
@eddy
The industry is mature enough that we can categorize tokens based on their legal, economic, and technical properties. It shouldn't be surprising that not all tokens have the same legal status or long term economic prospects! https://a16zcrypto.com/posts/article/defining-tokens/
13 replies
36 recasts
196 reactions
Brennen Schlueter
@brennen
the first question on that chart is going to trip a lot of people up. Inherent value is always the esoteric and subjective question in crypto. Also understanding that we might be cool with a bunch of tokens and projects being called memecoins.
1 reply
0 recast
2 reactions
Eddy Lazzarin 🟠
@eddy
There are nuances but I don't think it's that esoteric. And there are a bunch of tokens that are memecoins — and a bunch of tokens that call themselves memecoins that are definitely Company-backed!
1 reply
0 recast
1 reaction
Brennen Schlueter
@brennen
There are true memecoins (Zora, Pump fun) And there are posers (companies and networks) trying to get in on the trend. Feels like a brand problem! (everything is a brand problem to me)
1 reply
0 recast
0 reaction
Eddy Lazzarin 🟠
@eddy
It's possible for something to call itself a memecoin but for that to be a thin veneer over being a Company-backed token. Brand is really important but I think of network design as the Big One
1 reply
1 recast
2 reactions
agusti
@bleu.eth
zora and pump are two big conglomerates by now, not memecoins but memecoin factories. their token isnt a meme coin surely.
1 reply
0 recast
0 reaction
Brennen Schlueter
@brennen
I meant more of their product rather than their tokens. Does pump have a token?
1 reply
0 recast
1 reaction
agusti
@bleu.eth
they’re now talking about doing an airdrop/token yeah
1 reply
0 recast
0 reaction
agusti
@bleu.eth
not yet live, same w $zora
0 reply
0 recast
0 reaction
