@a16zcrypto

Tokens aren't cryptocurrency. In this episode of web3 with a16z, @eddy, @skominers, @hackr, @milesjennings, break down what they really are. Tune in: https://a16zcrypto.com/posts/podcast/token-guide-types-design-uses/ We move beyond conventional categories — like “governance tokens” or “utility tokens” or even “memecoins” — to present a full taxonomy of what tokens are, what they aren’t, and what they’re capable of becoming. Questions we explore: What is a token? Is it a form of money? A piece of data? Something else? How many types of tokens are there — and who is in control of each? And how should we think about their actual economic, legal, and technical characteristics? We also dig into different token designs and their uses; where tokens derive value from; how they jibe with securities law; and much more.

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