The eighth class: Token and Token economy
Title: Token and Token economy.
In the last class, we talked about the difference and connection between blockchain and digital currency, in which we mentioned cryptocurrency and token. The former originate from Bitcoin, and its purpose is to act as the currency for internet payment. Then where is the latter from? Why is the translation of “token” more reasonable? What impact will “tokenization” have on our world? Let me answer these questions for you one by one.
Range Tsai— Author
Xiao Xiao Tang— Translator
Baozhen Lee— Proofreader