“You don’t design a token, you design a protocol.” - @eddy dropping knowledge on tokens

The slide in the background is a good mental model for token types

CTO @a16zcrypto, lover of https://github.com/a16z/awesome-farcaster

Founder /frameboard + /launchcaster / CSX / YC

i'll share my notes on paragraph here this weekend

i think @a16zcrypto will share a video at some point 

paragraph.xyz/@jayme/

Conjoined Circle of Success 

Decentralization x Functionality = $goal

building @seedclub and writing about consumer crypto at paragraph.xyz/@joshcrnls.eth

nooo jayme

please design a token that captures the belief, desire to participate in, and cultural value of the world you're building

consistently curious | host of /art and /collector-walls | self-proclaimed ambassador of /higher | ex Sismo.io

my favorite type of content! really appreciate you documenting the journey

Great categorisation: and all four types exist IRL as well:

memecoins: some fashion brands like Supreme
Stablecoins: pegged currencies, like Hong Kong Dollar or the Riyal
Arcade tokens: loyalty points; monopoly money
Network token: market-priced currencies like USD

Memecoin regulation is coming next, especially when as an industry we frame it as gambling