Could you elaborate on the concept of a "people token" in the realm of cryptocurrency and finance? I'm curious to understand how this type of token differs from traditional cryptocurrencies and what value it brings to its holders. Is it a utility token? A governance token? Or does it represent a share in a company or project? Furthermore, how does it work and what incentives or benefits do investors gain by owning a people token? Lastly, are there any real-world examples of successful people tokens that we can learn from?
7 answers
CryptoPioneer
Sat Jun 29 2024
The PEOPLE token was designed with a specific purpose in mind.
DigitalLord
Sat Jun 29 2024
Its intention was to offer its holders a unique privilege.
Daniele
Sat Jun 29 2024
This privilege centered around the placement of the Constitution copy.
KimchiChic
Fri Jun 28 2024
Should the bid have been successful, token holders would have been given voting rights.
CherryBlossomFall
Fri Jun 28 2024
These voting rights would have allowed them to have a say in the decision-making process.