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https://warpcast.com/~/channel/smartcoins
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jihad ↑
@jihad
I think the potential of "community tokens" is still largely untapped, but we've been thinking about them all wrong. A community token is made valuable by the number of *individual people* who have found away to align their own work with token upside. Each person might do this in a different way. In aggregate, this means that community tokens represent a bet on the network of "aligned members." Right now, we think "alignment" just means holding. It doesn't. A community token is only valuable if each member of the community views it as their personal token.
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bry
@brykayne
I have a lot of questions, I love this cast- 1. What happens if a community member decides 6 months in it's not their personal token? 2. What are some of the problems that exist with community tokens? (I'm planning on writing up a summary from a community token I worked on) 3. Does every individual need to take on this mindset? Of the token is their personal token? 4. I agree with your definition - how would you define and measure success for a community coin? 5. How do you think about participation in the network in terms of contributions and rewards (or pay)? Side-note: I love the delineation of the different types of tokens, and would love for us in /smartcoins to define the different types that exist, because each type likely stems from a core set of problems or values.
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