Digital ExistentialismBafflegab
Tokenomics
toh-kuh-NOM-iksnoun
What it means
An economic model in which the only piece of arithmetic required to work is the founder's exit.
What it actually means
Numbers we invented to describe money we have not raised.
How it is used in a sentence
"The tokenomics allocate forty percent to the community."
Filed under
Digital Existentialism — Ideas that were briefly worth billions, explained by people who are briefly employed.
Bafflegab — The phrase means nothing. We are ridiculing it.
How are you coping
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Digital Existentialismweb threenounBafflegab
The internet, rebuilt by the people who own it, with the same enthusiasm as last time and none of the users.
Real meaningSame platforms, new landlord, and now you pay gas.
Trust Me Bro
Digital Existentialismtrust mee brohphraseDiagnosis
The security model of an entire asset class, stated out loud without embarrassment.
Real meaningThere has been no audit.