AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
6 Web3 Concepts That Businesses & Creators Must Plan For In 2023 | Amanda Cassatt @ Serotonin | #142
The Milk Road Show
Tokens Are Not the Product of the Business
Tokens are tools to amplify product or business utility, not the actual product itself. Creating a token or NFT does not inherently add value to something without demand. Tokens simply capture and express existing value in an exchangeable form. The value is not created from nothing but rather encapsulates pre-existing value. Tokens can facilitate exchange and tracking online, even if they don't inherently hold value. Ultimately, the market determines the value of a token based on demand and supply, not the creator.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode