Social Tokens: Promoting Community Benefits & Fair Monetization

Social tokens are building decentralized online communities where everyone benefits without a middleman. This article discusses the basics of social tokens and provides relevant examples to illustrate the concept.

What Are Social Tokens?

Social tokens are digital tokens on a blockchain that allow creators to monetize experiences and services. The token can increase in value, and it can be resold by the token holder.

Social tokens are just like any other cryptocurrency. However, these tokens are created explicitly to empower a community and enable its community members to build a solid social bond around a specific individual or brand.

Anyone can create a social token. Whether you're an individual or a business, you can join the social token space and launch a social token to enrich the experience of your followers and clients. As more people use the token, its value will rise proportionally to the contribution of social token holders.