09.23.2017 - By Zach Segal
In this episode featuring 21 Co-Founder and a16z Partner **Balaji Srinivasan** , you’ll learn:
* The basics of what a digital token is, how various tokens differ from each other, and why tokens have surged in interest lately
* Why tokens have only recently become possible due to years of digital currency infrastructure
* What exactly you receive or hold rights to when you purchase a digital token
* Why tokens are such a compelling alternative to traditional financing
* How token models enable fundamentally new types of business models that could power the next wave of internet companies