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Austin Adams from Doppler. Does everyone need a token?
I think everyone should launch at least one token in their lifetime.
I think crypto people are kinda looking for justification as to why we need more tokens, not less. I
think we should need more things priced. Right? Like, I think, like, the coins are sort of a good market to price things, and we need to have more of them to price sort of, like, all the assets in the world. I think it's, like, an easy way to have a spin up a market on something, price it, and let it be traded. There's so much sort of, like, valuable things in the world that have no price, so they're functionally worthless. We need to make it easier to price these things. We're creating value much faster than we can price, and so it's hard for people to, get the value for the things that they
There's a lot of meme coin pushback or valueless coin pushback, I think, from people, because people are very wary about, like, the conduits for for grift in the space, which I totally understand. But also, if you just look at the arc of crypto neutrally, you had Bitcoin, and it was this invention that made the first Internet asset. And then what did we do with that? We made 10,000 more blockchains, and then we realized you don't really need that many blockchains. Maybe you should just use Bitcoin. But then we made Ethereum. Instead of making more blockchains, we created the ERC 20 token. And
Yeah. I think, like, I agree definitely agree with that. I understand some people's pushback on meme coins. I think that they so a lot of them do have value. Clearly, people put value in them, but they buy them and they sell them. I do think it's, like, exactly your point. Right? Like, we made a billion POW, you know, of chains that no one cared about. And but some of them, we did care a lot about. You know, one of which was Ethereum, and a lot of sort of other nice chains that evolved out of that. And I would say that, like, we're going closer to a place where, like, we're trying to find out
You you use the word conjoining. If we how do we conjoin a token to to value? And I think that is, like, the trillion dollar question. Like, whoever answers that question comes out with, like, a unicorn startup project. I mean, we have, like, real world assets. Right? In real world assets, it's like, alright, we use the meat space legal system to conjoin value between something in the real world to a token. And then there's also, like, DeFi apps and DAOs. Like, a DAO is a way to conjoin the value of AAVE to the AAVE token. Right? And then meme coins is like, well, the conjoining here is an ide
Let's hope. I would say we're all hoping. Yeah. So I said, like, we work on, I am the CEO of What's Done Research. We're sort of just, like, building products, building protocols that we think push the on chain future for it. Our first protocol is called Doppler. It's, we call it a liquidity bootstrapping protocol, but what it's designed to do is, generate tokens of value. So there's a lot of value on the Internet. There's a lot of value in in in everything. And we think that, like, there should be these things should be tokenized and, issued. And I the only way we're really going to, you know
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