Tokens are for the Web3 what websites were for the WWW in the 1990s. While it has become easy to create a token with just a few lines of code, the understanding of how to apply these tokens is still vague. Shermin Voshmgir, Token Economy This is the second...
The Internet we have today is broken. We don’t control our data, nor do we have a native value settlement layer. Shermin Voshmgir Quote from chapter 1 of the book #tokeneconomy: #tokens #tokeneconomy #web3 #statefulweb #crypto #cryptocurrencies #blockchain #bitcoin...
State is a key property for managing values over the internet. If you can’t hold state, you can’t transfer value without centralized institutions acting as clearing entities. Shermin Voshmgir Quote from chapter 1 of the book #tokeneconomy: #blockchain #bitcoin...
“The Web3 changes the data structures in the backend of the Internet, introducing a universal state layer, often by incentivizing network actors with a token” Shermin Voshmgir Quote from chapter 1 of the book #tokeneconomy: #blockchain #bitcoin #ethereum...
The Web3 is a backend revolution. It’s a set of protocols led by blockchain, that intends to reinvent how the Internet is wired. Shermin Voshmgir Quote from chapter 1 of the book #tokeneconomy: #blockchain #bitcoin #ethereum #crypto #cryptocurrencies...
