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usage tokens

also referred to as: usage token

3 statements across 1 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Jan 2, 2019 by Nick Tomaino · across every show →

Everything said about usage tokens, oldest first

Jan 2, 2019 bullish
Prediction Not checkable as stated
Tomaino: Future crypto tokens will combine usage and work utility
“And by the way, these aren't mutually exclusive, so you can have tokens that are both usage and work tokens, and I think many tokens in the future will likely be that.”
Nick Tomaino Jan 2, 2019 ▶ 4:34 a16z Podcast | Mental Models for Understanding Crypto Tokens
Jan 2, 2019 negative
Opinion
Dixon: Many ICOs masquerade as usage tokens just to raise money
“And I think what you were saying about ICOs is a lot of sort of masquerading is that there are obviously people taking advantage of With the, you know, just the money flowing in, and sort of taking what is probably just a normal company that's not a protocol, …”
Chris Dixon Jan 2, 2019 ▶ 2:55 a16z Podcast | Mental Models for Understanding Crypto Tokens
Jan 2, 2019 neutral
Assertion Supported
Tomaino: 24 of top 25 tokens on CoinMarketCap are usage tokens
“And so, if you look right now at kind of coinmarketcap.com, the top 25 tokens by market value, I think 24 of the 25 are usage tokens.”
Nick Tomaino Jan 2, 2019 ▶ 1:49 a16z Podcast | Mental Models for Understanding Crypto Tokens
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