

Shermin Voshmgir - Author of Token Economy and Founder of Token Kitchen
12 snips May 3, 2024
Shermin Voshmgir, author of the best-selling 'Token Economy' and founder of Token Kitchen, dives deep into her fascinating journey through the cryptoeconomics landscape. She shares her transition from filmmaking to blockchain, sparked by her disillusionment with the art industry. Topics include the evolution of the token economy, the future potential of NFTs beyond digital art, and the intricate balance between decentralization and re-centralization in Web3. Shermin offers invaluable insights rooted in her extensive research and hands-on experience in the industry.
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Early Crypto Journey
- Shermin became involved in the crypto space around 2014-15, starting with Bitcoin and then Ethereum in Berlin.
- She founded Blockchain Hub Berlin to educate and gather early enthusiasts, bridging technical knowledge to wider audiences.
Bitcoin's Socioeconomic Revolution
- Bitcoin represents a new socioeconomic framework incentivizing private contributions to public goods.
- Its proof of work mechanism reshapes capitalism and communism concepts by collective participation for rewards.
Lessons from DAO Hack
- Shermin experienced firsthand the DAO hack and Ethereum's resulting hard fork in 2015.
- She witnessed challenges in decentralized governance and realized some executive decisions are necessary in crises.