Topic: Tokens could help to grow entire ecosystems - thoughts? (Read 231 times)

If it's a token for a country isn't it just a national currency? Pretty sure that has been invented 🤔

We can even run countries with this kind of token idea. Governments and Entrepreneurs alike now can crowdfund their projects on the blockchain which will make investing that was only open to a few, now accessible to All. Whether you invest a dollar or one million dollars, you can equally participate and this is ground breaking and will facilitate transference of wealth to those less fortunate who can now at least start investing 'SMALL'. I would love to see something like GRAMEEN BANK, micro-lending platform pop up with a token sale, that would be huge!

Hey,
There's an interesting snip on token economies based on a Rob Knight Medium post. What do you all think? Is this the future of tokens?

Analysis: How blockchain tokens could fund entire ecosystems instead of just individual companies

In traditional venture capital, an investor funds a company in the hope that the company’s value will appreciate over time. In established markets, this generally translates to the company out-performing its competitors.
But a company creating a new ecosystem faces a different reality - it needs to both build the company and build the ecosystem around the company. For example, a VR hardware company needs VR content to attract users to the product. The revenue sharing between the different companies in an ecosystem is an unsolved problem and often results in a lopsided relationship, for instance in the case of Facebook and Google in online content. Today, the two giant aggregators collect the lion’s share of Internet advertising revenue, leaving only a small part to the content creators.
Blockchain tokens can help solve the problem of value distribution inside an ecosystem. If, in the hypothetical VR example, the hardware companies and the content companies trade in a VR-industry token, all of the companies in the ecosystem could hold a stake in the success of the industry, by holding the token. This could be a good use of the token model which is different from the popular ICO model, which often offers equity in a company without voting rights and without regulation.

Text taken from here: https://www.snip.today/post/analysis-how-blockchain-tokens-could-fund-entire-ecosystems-instead-just-individual-companies/