6min chapter

Means of Creation cover image

Social tokens, NFTs, and lessons from Uber ft. Matt Alston

Means of Creation

CHAPTER

The Future of Social Tokens

There's still relatively few creator tokens and social tokens at all in the world. I think believers of that narrative were unequivocally proven wrong by the market over the course of 2021, 2022. And especially if you're doing it at like a small scale, like the scale of a single individual or evenlike a small community,. It's like now you need to deal with concerns around unregistered securities and like, what is this token and is it compliant? How do you create liquidity if you even want liquidity? Like, how does this token have a price? There's also just a lot of complexity around creating monetary policy behind this asset. But I'm still optimistic long term on the idea of fung

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