Loyalty Points

topic on 1 show · 1 statements across 1 episodes

20VC

1 statements about Loyalty Points, every show

20VC Insight
Garg: Most company tokens act as loyalty points, not true networks
“But a lot of the time, what you're really doing is not building a sustainable token network. It's often going to be the case that it's sort of a customer acquisition channel, and it behaves a little bit more like loyalty points than it does a true distributed …”
Avichal Garg Apr 11, 2022 ▶ 33:31 20VC: Why Crypto is Software Eating Money, Why Crypto Firms Will Outcompete Traditional Venture Firms, How To Price Tokens and When To Have Them, DAOs: How Are They Structured and What Makes One Successful with Avichal Garg, Co-Founder @ Electric Capital

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