@shuel.eth
For anyone building at the application layer:
Today we introduce cash flows for application tokens.
Application tokens — which correspond to smart contract protocols deploying services on top of blockchains that relay rights in “distributed businesses” — have historically lacked economic models connecting the tokens to the cash flows of the underlying businesses they are embedded within.
There are three long-standing challenges to connecting cash flows to app tokens.
1. Governance
2. Value Distribution
3. Regulated Activity
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