Designing Multi-Token Economies
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Blockchain projects and decentralized applications (Dapps) typically revolve around one cryptoasset. The payment, utility and security functionalities of are bundled together; but what if they weren’t? A single #token model makes funding, development and user experience easy. However, in a world of infinite and programmable digital assets, this would be only scratching the surface of what is possible.We are experiencing an explosion of token engineering, cryptoeconomic primitives, token building blocks and design patterns. Token building blocks still center around the use of a single fungible token (FT), but with emerging markets for non-fungible tokens (NFTs) and crypto collectibles, the world of #blockchain based games and applications is about to get rocked!In this post, I explore the (...)