Social Tokens… very few token types elicit such a strong reaction amongst the cryptoscenti. From $HUE to $COIN to $JAMM a new wave of experimentalists are carving out unique ideas to explore what’s possible under tokenised models. Most will fail, some (many?) are scams. But given the immense power of ‘influencers’ in the non-crypto world it’s fair to assume that if this particular dam breaks, it breaks hard.
In this episode we cover a range of social tokens, explore the pitfalls, the idiosyncracies and the value of a community when reduced to only the most committed members.
0:00 Welcome to The Void
2:25 What is a Social Token?
3:38 Utility of Social Tokens
4:22 Deal with the Devil
7:40 Try Roll
17:17 the problem…
19:00 Connie Digital
20:15 More ≠ Better
21:33 Marguerite deCourcelle
24:23 Are we creating a monster?
25:14 What Social Tokens are not
26:15 Lessons from The Rug Pull Experiment
29:40 Gifting Culture