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4min chapter
Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto
Odd Lots
What's the Market Cap of a Token?
A new type of token, called a box, is being used to exchange money for rights. The tokens are given out by the company that owns the box and can be traded on sites such as Twitter or other social networks. Jenson Button says he's not sure why people would want to invest in this kind of thing. He claims it makes sense if you think about how well-funded companies like Facebook could compete against each other with these kinds of tools.
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