Tokenized Communities

Tokenized communities turn members into entrepreneurs, creating a network of projects, products, companies, and sub-communities that are working toward propagating a common meme or mission.

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Nouns is a Tokenized Community

Nouns is a tokenized community.

What makes tokenized commnuities valuable?

Tokenized communities are a fundamentally new type of organization. Sure, folks already have equity in startups they work for. Maybe they have decision-making power, too. But companies are optimizing for work. Employees, whether they’re technically “owners” or not, are labor. The unique, killer feature of tokenized communities is the rapid incubation and funding of community-led projects. Tokenized communities turn members into entrepreneurs, creating a network of projects, products, companies, and sub-communities that are working toward propagating a common meme or mission.

Tokenized Communities

Web3 has introduced a new type of organization: Tokenized Communities.

Notes

Tokenized communities enable bodies of work

Reggie James asks in his most recent essay: “How does a technologist begin to look at their body of work?