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web3 with a16z crypto

Token Do's and Don'ts

web3 with a16z crypto

Andreessen Horowitz

Gaming, Blockchain, Web 3, Blockchains, Open Source, Business, Decentralization, Visual Arts, Computer Science, Ownership, Art, Entrepreneurship, Entertainment, Cypherpunk, Web 3.0, Music, Internet, Cryptography, Crypto, Computing, Web3, Innovation, Distributed Computing, Culture, Public Goods, Creator Economy, Arts, Technology

4.466 Ratings

🗓️ 8 August 2024

⏱️ 57 minutes

🧾️ Download transcript

Summary

All about tokens — from protocol design to token launch. Our expert guests discuss how to reason about the risk and reward tradeoffs of various protocol designs and launch strategies, and they detail the Do's and Don'ts. a16z crypto chief technology officer Eddy Lazzarin joins general counsel and head of decentralization Miles Jennings for a conversation with editor Robert Hackett on the art of tokencraft.

Transcript

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0:00.0

Decentralization isn't some line in a legal book.

0:03.8

Decentralization is a technical network property

0:06.9

that is amazing that has unbelievably exciting consequences.

0:11.8

That's why the internet is so excited. The internet is a decentralized

0:14.7

system. You can go and build a website and no one can tell you know and that incredible

0:20.3

opportunity means all the brightest minds,

0:23.7

entrepreneurs, cipher punks and crazy hackers and creative people,

0:29.2

are willing to consider building their future and

0:32.8

the future of technology on a system like that

0:35.4

because they can trust it and it's resilient and robust

0:38.2

and predictable and powerful and extensible and remixable and

0:41.3

recombinable and all the beautiful things that we love about

0:43.8

decentralization of permissionless composability. So it's a beautiful

0:46.9

coincidence and we're fortunate that the right legal strategy is also the

0:51.4

thing that is totally consistent with the crypto ethos from its beginnings.

0:57.0

Welcome to Web 3 with A16Z, a show about building the next generation of the internet.

1:05.0

I'm Robert Hackett and today's episode covers all things tokens.

1:09.0

That includes what tokens have to do with decentralized protocols,

1:13.6

understanding the different types of tokens,

1:16.1

and of course the do's and don'ts of designing and launching a token.

1:22.3

Our guests are A16Z crypto chief technology officer

1:25.2

Eddie Lazarin as well as A16 Z crypto general counsel and head of

...

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