Why everybody disagrees about tokens Since tokens started becoming prevalent in the ICO era of 2017, we have cycled through multiple narratives and use-cases, from using tokens as a means of fundraising, through empowering community-led decisions all the way to a new way of launching products. Along the way, categories such as “Payment tokens”, “Utility tokens”, “Governance tokens”, etc., have emerged. There are two major reasons why there is still a lot of confusion and disagreement around tokens:
Does your product need a token?
Does your product need a token?
Does your product need a token?
Why everybody disagrees about tokens Since tokens started becoming prevalent in the ICO era of 2017, we have cycled through multiple narratives and use-cases, from using tokens as a means of fundraising, through empowering community-led decisions all the way to a new way of launching products. Along the way, categories such as “Payment tokens”, “Utility tokens”, “Governance tokens”, etc., have emerged. There are two major reasons why there is still a lot of confusion and disagreement around tokens: