Fat Protocols

Published: Sept. 23, 2017, 9:49 a.m.

In this episode featuring Joel Monegro , you’ll learn: How economic value for decentralized blockchain-based networks tends to be distributed to protocols rather than applications Why shared data, such as user data, in decentralized systems, leads to value creation at the protocol level Why crypto tokens are an essential incentives layer in blockchain networks How tokens lead to a feedback loop incentivizing investment, development, entrepreneurship, and healthy speculation