4min chapter

Talking about Platforms cover image

Will blockchains disintermediate platforms? with Hanna Halaburda

Talking about Platforms

CHAPTER

Is Metaverse Different Than Second Life?

A paper shows that for platforms that are starting in the market and they in the traditional system, they would need to rely on subsidies. Instead, those new platforms can issue tokens that may or may not have value in the future,. But because they are based on smart contracts on a permissionless blockchain, you know that this tradeability is going to stay there. The third thing is that the platform itself may be governed by a doll. So now we are going to go from fundable, non-fundable kind of transferable tokens into governance tokens.

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