
Designing Token Economies
"Age of Miracles"
00:00
Token Design Is Not a Panacea
The ama token is inflationary, which is supply strategy. And can be used as a unit of account and medium of exchange utility. The most non fungable value can't be compacted into tokens. Token design gives builders a definitionally richer tool set than companies or nations had at their disposal to date. A company's legal structure and complaan support don't determine its success. Democracy is the worst form of government, except all the others that have been tried. Design protocols are no difference.
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