There was another $220M+ raised in token sales in the past two weeks. The ICO craze does not appear to be slowing down yet, but my belief is that it is only a matter of time before it does. I don't think slapping a token on a centralized business model is very compelling for users long-term. Creating new types of decentralized organizations is compelling for users though, and I believe this trend is just getting started. Enabling user-owned decentralized organizations is really what token models are all about. I wrote about some of the major issues token-based projects face from a cryptoeconomic perspective this week: Antifragile Cryptoeconomic Systems
Share this post
The Control - Issue #21
Share this post
There was another $220M+ raised in token sales in the past two weeks. The ICO craze does not appear to be slowing down yet, but my belief is that it is only a matter of time before it does. I don't think slapping a token on a centralized business model is very compelling for users long-term. Creating new types of decentralized organizations is compelling for users though, and I believe this trend is just getting started. Enabling user-owned decentralized organizations is really what token models are all about. I wrote about some of the major issues token-based projects face from a cryptoeconomic perspective this week: Antifragile Cryptoeconomic Systems