What’s the true value of tokens? |Sean Griffin, Jackson Laskey, Christopher Messina|#LDNBlockchain23

Explore the true value of tokens beyond ownership, discovering their potential for communication, interaction, innovation, and scalability.

Key takeaways
  • Tokens are not just about ownership, but also about the ability to communicate and interact with others.
  • Tokenized code can be broken down into smaller, reusable pieces, making it easier to create new applications and innovations.
  • Tokenized data can be used for a wide range of purposes, including NFTs, gaming, and even connecting with museums.
  • The ability to transfer and redeem tokens between parties is crucial for their value and utility.
  • Tokenizing data can help to reduce costs and increase efficiency, making it more accessible to a wider range of users.
  • The true value of tokens lies in their ability to enable new forms of communication, interaction, and innovation.
  • Tokenized assets can be used as a form of digital collectibles, allowing people to own and trade unique items.
  • The scalability of a tokenized system is a major factor in its value, as it allows for a wide range of possible uses and interactions.
  • Tokenized assets can be used to create new forms of art and creativity, such as NFTs.
  • Tokenized data can be used to create new forms of gaming and entertainment, such as digital collectibles.
  • Tokenized assets can be used to create new forms of social interaction and community building.
  • Tokenized data can be used to create new forms of education and learning.