PROGRESSIVE OWNERSHIP: A MODEL FOR APPLICATION TOKENS

Summary from the TLDR Crypto newsletter

This post from Variant details a new token distribution model that it is coining as ‘progressive ownership’. This framework involves measuring value with tokens, which would incentivize users to deepen their engagement with protocols or apps. Variant also outlined the shortcomings of previous token distribution models, such as the proof of work model, ICOs, and airdrops. It argues that tokens should be used thoughtfully, targeting power users to maintain engagement and encourage sustainable growth.