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

Thank you to everyone who has been involved in the research and writing you have done on tokens, definitions, and guidelines or recommend recommendations by the SEC.

I find them extremely valuable.

Founder and Artist @carculture.eth and carmania.eth 
Curating and celebrating the Art of the Automobile on the /car channel

Park your car art here 👉 /car