5min chapter

Bankless cover image

90 - 5 Mental Models for Web3 | Chris Dixon

Bankless

CHAPTER

Tokens - The New Primitive

Tokens are like wed pages in the sense that they're very general, a general, primitive. They can be fungible or non-fungable and there's debate over which is more popular. In gaming, we're going to see tokens represent game objects, as an example,. And maybe it's a magical sword with it has certain properties - you could take that sword into another game. We just never had a notion of owning stuff on internet until now. That's what web three will do.

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