
Jiddah
@cryptobase
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This is the culmination of months of iterating on our product. One of the endgames was tokenization, but we weren’t sure how to approach it until we launched Guilds last year and ran a massive event built on top of Pirate Nation (an onchain game).
We got a lot of things right, but one key element was missing, a powerful coordination tool that also functioned as an incentive mechanism to bring people together toward shared goals.
That’s when we came up with the concept of 'Guild Tokens', which eventually evolved into 'Group Tokens' because we believe the onchain world is a permissionless, self-evolving MMO in itself.
We've seen attempts at similar concepts, mainly in the form of DAOs, but they often suffer from inaction, analysis paralysis, or get hijacked by malicious parties.
We’re building something more approachable for the next generation of crypto users—people who expect sleek UX, jargon-free tech, and intuitive tools but still want a powerful edge onchain. 7 replies
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