Token Economy | Book Information

Tokens are for the Web3 what websites were for the WWW in the 1990s. While it has become easy to create a token with just a few lines of code, the understanding of how to apply these tokens is still vague. The book builds on the assumption that cryptographic tokens, as an application of Blockchain and derived technologies, might be as revolutionary as the emergence of the WWW as an application of the Internet. The goal of this book is to give a 360-degree view of the inner workings of the state of blockchain in the context of the Web3, discuss the socio-political implications, and explain why cryptographic tokens might prove to be the killer app of blockchain and smart contracts, deep-diving into selected use cases. This book is written for anyone who is interested to understand the relevance of tokens in the context of blockchain/DLTs and the Web3. This book gives an overview of the mechanisms and state of blockchain, the socio-economic implications of tokens, and deep dives into selected tokens use cases: Basic Attention Token, Steemit, Token Curated Registries (TCRs), purpose-driven tokens, stable tokens & CBDCs, asset tokens, fractional ownership tokens (art & real estate), Libra (Facebook).