ON TOKENIZATION

Summary from the TLDR Crypto newsletter

A prominent crypto influencer explains their evolution from being anti-tokenization to embracing it with strict principles, arguing that the key difference between legitimate and scammy tokenization lies in transparency and the social contract rather than the act of putting things onchain itself. Clear communication about holdings, promises, and intentions, and maintaining credibility through transparent practices actually enhanced their reputation while allowing them to benefit from tokenized services. They highlight a new wave of tokenization focused on actual services like access, time, and information rather than pure speculation, comparing it to legitimate business models like selling online courses. The core philosophy presented is that onchain deployment is neither inherently good nor bad, but success depends on responsible promotion, clear expectations, and delivering genuine value rather than making grandiose promises or engaging in pump-and-dump schemes.