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wen token is the right question

madhavanmalolan.xyz · 1,567 words · saved by 1 readers

liquidity in crypto has dried up, skepticism is at an all time high - here's why ive been building for the last 8 years, and why i'll continue building for the next 10 years. crypto's ultimate invention is cheap property rights. if you own something, it's secured by cryptography and cannot be taken away without your cooperation. this was never possible before crypto. twitter could deplatform you, take away your followers, a game could take away your skins. not in crypto. a company gives its stakeholders equity - founders, employees, investors. equity once given, in most parts, cannot be taken away. that is because equity is protected by the legal frameworks of a country. that is also what makes granting equity costly - legal fees and operational overhead. that in turn makes granting equity to a large number of users prohibitively expensive. so, no company really gives equity to its users. even though, early adopters help any app/project/company take off - there is no way to incentivize

wen token is the right question liquidity in crypto has dried up, skepticism is at an all time high - here's why ive been building for the last 8 years, and why i'll continue building for the next 10 years. crypto's ultimate invention crypto's ultimate invention is cheap property rights. if you own something, it's secured by cryptography and cannot be taken away without your cooperation. this was never possible before crypto. twitter could deplatform you, take away your followers, a game could take away your skins. not in crypto. … so? equity at scale a company gives its stakeholders equity -

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