@milesjennings

Network Tokens (BTC, ETH, SOL) vs. Company-Backed Tokens (FTT): 1️⃣ Is the system open? 2️⃣ Do network effects accrue to the system/token? 3️⃣ Can tokenholders accrue independent value? If yes, then whether it's a L1, L2, DeFi or gaming token, it's likely a network token:

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