
Ethereum, Merge and Beyond
web3 with a16z crypto
Token Base Governments
Tim O'Brien: I think it'd be really good to get your personal philosophy on token based in protocal governance. So my thoughts on e token base governments, so i think this comes back to the stake holders. If you have a project with a very narrow focus, and the value accrues to token holders is totally fine. But then if you start to move towards a system mores, like a public good or something wore, the amount of tokens you own doesn't necessarity make you the best stake holders. And even more so, the amountof tokens you own to day, then coin voting governments makes less and less sense.
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