Social tokens are a form of digital currency that offer artists, musicians, and social media influencers a unique way to reward and provide access to their dedicated followers and fans. These tokens are often transferable and can serve as financial incentives. But how are social tokens priced? Enter the concept of bonding curves, which help determine their value based on supply.
In this episode, we have the privilege of speaking with Alex Masmejean of Showtime. We explore mechanisms for incentivizing positive behavior and addressing potential challenges with bad actors in the social token ecosystem. Moreover, we will delve into the integration and verification of off-chain data, and how this information can be effectively incorporated into the bonding curve model. With Alex Masmejean's expertise and insights, we will gain a deeper understanding of the intricacies of social tokens and community tokens, and how they are shaping the landscape of digital currency. So join us as we embark on this enlightening conversation, and unlock the mysteries behind social tokens and community tokens!
Watch on YouTube for visual learners and Substack for those who prefer reading.
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EP 31: Bonding Curve Application on Social Community Tokens | NFT