A newsletter on the entrepreneurs, projects and protocols that are putting control of power in the hands of the people curated by 1confirmation.
The total market value of digital assets is now over $130B.
In this emerging asset class, there are a number of different tokens that have different reasons for existing. There are also many tokens that have no reason for existing. I addressed that this week: On Token Value
The vast majority of token-based projects that have launched in the last 6 months are not very decentralized. This piece by Balaji is a reminder about the importance of highly decentralized systems and suggests a way to start quantifying that importance.