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17min chapter
Token Do's and Don'ts
web3 with a16z crypto
Understanding Tokens and Decentralization
This chapter explores the dynamics of security within decentralized protocols, distinguishing between technical and economic aspects. It emphasizes the significance of thoughtful token design and governance while addressing the risks of misleading projects. The discussion also critiques token use in payments, highlighting the practical challenges posed by volatility and regulatory concerns in the cryptocurrency landscape.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode