From the Archive: Community Tokens, No Cap — Derek Schloss

We're taking a brief winter break and will be back soon with new episodes of Building at the Edges. In the meantime, enjoy this episode from the archive.

For our final episode of Season 2, we return to web3 first principles: community tokens create yet-unrealized opportunities within an immeasurable design space at the intersection of culture, ownership, and value creation. The realization of these opportunities is inevitable — but the timeline and cadence remains unknown. Derek Schloss is a partner at Collab+Currency and a regular guest on Proof with Kevin Rose. Derek and Jess explore possible futures for the community token design space, taking both inspiration and cautions from Nouns, Art Blocks, Chromie Squiggles, and $10 pizza with a friend. While internet native communities have leveled up innovation on the side of pooled capital, we have yet to unlock truly novel ways of allocating that capital using shared decision-making. The builders who both perceive the unrealized opportunities and sit in the discomfort of a novel design space will be the ones to watch through the next cycles of innovation.