Dan Romero
@dwr.eth
AMA
213 replies
171 recasts
478 reactions
{4484}
@4484
wen token?
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Dan Romero
@dwr.eth
What would it do?
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{4484}
@4484
create value.
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Dan Romero
@dwr.eth
Where does the value come from?
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{4484}
@4484
the network. users creating content. users hosting channels. users running pods. users creating frames and mini apps. users creating clients. tokenomics are important (see moxie). so there needs to be incentive to hold while engaging.
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Dan Romero
@dwr.eth
How does the value from those things translate to the value of the token?
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{4484}
@4484
utility: as users create content, host channels, run pods etc...., the token becomes necessary for these actions, increasing demand. scarcity: if token supply is limited while network activity grows, each token represents a larger share of the network's value. staking/governance: tokens could be used for staking to secure the network or participate in governance, tying their value to network health. and speculation.
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