Designing a Sustainable Token Economy

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(00:02:05) - (First question) - Things he got wrong while trying to launch his new business

(00:03:57) - His view on NBATopShots as an inflation failure versus a crypto failure

(00:06:18) - How his businesses differ from previously attempted token based companies 

(00:10:20) - Determining whether a founders business in capable of tokenization

(00:12:24) - He tells us why a token is necessary for these businesses to be successful

(00:14:22) - Examples of returning value to the wrong group of people

(00:19:02) - He explains how users pay for content on the platform

(00:20:03) - Using tokens for in platform purchases instead of centralized currency

(00:21:48) - How the inflation economics work behind the token model

(00:23:28) - Handling content on the platform that is deemed illegal or unethical 

(00:25:10) - Developing trust with creators that feel jaded from the past 

(00:27:30) - How he sees the business developing from a tokenless model to one with tokens

(00:29:16) - How he approaches building the right tokenized economic structure

(00:31:11) - The ability to charge by preference in either tokens or dollars

(00:33:28) - Pros and cons of not having control over market volatility 

(00:35:19) - Which of his companies are currently using token based currency

(00:38:18) - A look back at things he is proud he got right and still believes in

(00:40:58) - What he sees in the space today that gets him excited

(00:42:41) - What he is most excited to build over the next six months and six years