Goldberg invested in an unannounced project using a dual-token structure
Adam Goldberg · 20VC: Lightspeed Partner Adam Goldberg on Why There Remains No Mass Market Crypto Consumer Product, The Future For The Token Economy, The Good and Bad of Telegram's ICO and Why The Rate of Founder Learning is The Most Important Element A VC Can Assess · Jul 30, 2018 · at 15:59
Adam Goldberg is a partner at Lightspeed Venture Partners. He describes token economics designed to solve long-term operational cash flow problems for crypto networks.
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“One interesting approach that I've seen that's used by at least one of the projects I've invested in, although unfortunately it's one that hasn't announced, is to have two separate tokens. One that's a payment coin, just for the utility of the service itself, with the expectation that, 50 years out, the value of that token trends downward, but then separately have a security token that Siphons off a little bit of the cash flows from that token, and the separation of these two instruments lets you indeed have a reserve over time, because now you're capturing cash flows from your customers.”
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