Analysis in Chains - News and Views on Blockchain

#172 - Utility and Decentralization


Listen Later

Utility tokens.  They were all the rage in 2017 and even 2018. Not only because people could raise millions of dollars with them really quickly, but also because they enabled blockchain protocols to work.  
But utility tokens were designed to be speculated on, and the more the price rises, the less people want to use them in a blockchain system. Instead they'll hold on to them as an investment. 
We need tokens to make decentralized systems work.  Is there a way to solve this problem?  And how can this inform how we design our blockchain systems going forward?
 
---------------------------------------------------------------------------------------------------
*** This episode features some questions asked by members on our Telegram group.  You should join us! https://t.me/AnalysisinChains ***
---------------------------------------------------------------------------------------------------
Please note that the speakers in this podcast are not financial experts and are not offering financial advice
We hope you enjoy our show and feel free to reach out to us at [email protected] or on Twitter through @NealKierans and @NWilliamsMBA
Intro reel and music by Sebastian Rodriguez from NTRPY, http://www.ntrpy.berlin
...more
View all episodesView all episodes
Download on the App Store

Analysis in Chains - News and Views on BlockchainBy Analysis in Chains - A Podcast for Crypto Enthusiasts looking for the latest insights on Blockchain, Bitcoin, Ethereum and ICOs