Jan 26th, 2021
Social tokens are a nascent and budding opportunity in crypto and frankly, there are limited sources of information right now. To combat that and unveil the opportunity we had on two experts to help educate the Delphi Community on social tokens and their importance. The four talk numbers, use cases, key launches, what’s ahead, the differences between social and DeFi tokens, and much more.
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(1:27) – (First Question) – What was the impetus to write a Social Token year in review?
(2:25) – The start of Social Tokens.
(3:44) – What’s the most prominent Social Token that’s launched?
(8:35) – The difference between a Social Token and a DeFi token.
(12:40) – The difference between launching a Social Token and Yield Farming a DeFi Token.
(15:42) – Using Social Tokens to reward people for automating tasks.
(17:29) – Thoughts on Gaming.
(19:45) – Thoughts about Social Tokens being used by the Traditional World.
(23:07) – Social Tokens, a new emergent type of culture and brand.
(26:28) – What was the biggest Social Token that you guys have aped into?
(30:06) – Concerns about Human Risk.
(32:54) – Thoughts about the Security around Social Tokens.
(34:11) – Is there anyone specific who would be a good fit in Crypto to launch a Token?
(36:08) – How to attribute value from other people to these tokens when a lot of the value is more qualitative than trackable metric-wise?
(37:45) – Specific examples.
(41:28) – Where Social Tokens fit in on a work level for Crypto people/ More Collaboration or More Competition.
(43:00) – Thoughts about the Synergy of DeFIs, NFTs and Social Tokens.
(46:10) – Jess / Seed Club.
(47:18) – Cooper / Audius.
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- Jess’s Twitter: https://twitter.com/thattallguy
- Cooper’s Twitter: https://twitter.com/Cooopahtroopa
- Tom's Twitter: https://twitter.com/Shaughnessy119
- Piers's Twitter: https://twitter.com/pierskicks
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Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product or service. Delphi’s transparency page can be viewed here.