token

“A token's an incentive layer on top of a network... We can layer markets on these decentralized networks.”

“I think that what will happen is that the regulators are going to say, these are almost all securities. You can't just sell these tokens to anyone on the public markets.”

“One of the key maxims for YC is You know, how do you find good startup ideas, live in the future and build what's missing? Right. And so this is a profound version of that where all you have to do is commit your brain to look at, you know, spending 500 dollars…”

“Sure, if tokens are so expensive, they're going to be, I think over the fullness of time, probably free.”

“I mean, I think there's still just, like, astronomical opportunity in agentic looping, and figuring out how you develop systems that enable you to spend, like, 1000 X more or one million X more on tokens to drive an outcome in a continuous feedback loop.”