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a16zcrypto
@a16zcrypto
Here's a useful way to categorize tokens -- from network tokens to memecoins, plus a handy flowchart to help figure things out. Token definitions: https://a16zcrypto.com/posts/article/defining-tokens/ Company-backed vs. network tokens: https://a16zcrypto.com/posts/article/network-tokens-vs-company-backed-tokens/ by @milesjennings, @skominers, & @eddy
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@xh3b4sd.eth
I tried to put the token model of my onchain game in any of the categories described above. I could say my token model is 50% a network token. And going further to describe it as an asset it is neither "backed" nor "collectible", the later of which sounds more NFT like. My token model is a network token which value is primarily derived from a unique good. So how to square this circle then?
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