CoinGecko will be hosting our Virtual Meetup #6 this coming Tuesday, September 22 @ 10AM EST. Held monthly, CoinGecko Virtual Meetup is our live online community event where we explore different key topics in the crypto sphere and invite industry leaders to share their two satoshis.
This month, we will be exploring the rise of social token and one of our featured guests is Brian Flynn, creator of his own token, $JAMM. To learn more about him, read on!
1. Tell us a bit about yourself.
My first job in crypto was a product manager at Dapper Labs. I was fascinated about the potential for crypto as a play tool, and NFTs were the first encapsulation of that trend. Now, social tokens are the second phase of that playful paradigm shift with more serious creators starting to tokenize their work. My work is focused around that shift.
2. How did the idea of tokenizing yourself came about?
I’d like to clarify that JAMM isn’t my own personal token, but it’s a token that represents the Jamm Session community. This clarification is important, because it represents the ability for others to contribute to JAMM and not just my own self.
3. What project(s) are you up to lately?
I’m really interested in discovering what programmatic models work best for token issuers to give the tokens value outside of their imagined use case. For example, If you held 1 $YFI that gave you access to an exclusive telegram group and that gave you access to some alpha leaks, it would make the $YFI token more valuable to some individuals outside of its core use case. The same model can be applied to social tokens.
4. Can you briefly explain what are your thoughts on Social Tokens?
Social tokens are fascinating because it gives anyone the ability to monetize and transfer value of their own creative work. Historically, it was hard for creators to monetize their own work, often leading to middlemen and platforms controlling the rights and rules for a creator. Now, the model is being flipped on its head: When once creators used to serve platforms like YouTube and TikTok, now platforms are serving creators. Having a token standard that can travel through different platform mediums in a programmatic way enables the latter possibility: a way for creator to choose what platform they want, and how their work is monetized.
Join us at CoinGecko Virtual Meetup Tuesday (22 September 2020) to learn more about the rise of Social Token.
Jolene is a digital marketing specialist at CoinGecko. She is a technophile and crypto enthusiast. Follow the author on Twitter @JoleneTWYJ
