The PurpleTrader Show: Eps 1 - What Are Social Tokens? Why Are DAOs The Future
In the first episode of The PurpleTrader Show (Formally The Purple Creator Show), we talk about social tokens, Web 3, and the future of DAOs. Joining us in the discussion is Chirag Mehta, an entrepreneur, web three advisor, and BANKLESS DAO contributor. Our initiative with The PurpleTrader Show is to showcase the special projects in Web 3 and have meaningful conversations with crypto thought leaders, builders, and creators in the space.
Social Tokens of the Week
This week we’ll touch upon brand/fan tokens, another type of social token. These types of social tokens are often associated with companies looking for a new way to engage and monetize customers. The line between brand and community can seem blurry, but brands use tokens in a way that looks like a loyalty reward system.
We also decided to feature a token we have been following for the past couple of months. Recently, the token has been trending on Twitter and has caught the attention of many. We promise you that this is a token that’s worth exploring due to the DAOs ambitious mission.
What Makes BANKLESS So Unique?
Bankless DAO is a decentralized community to coordinate and propagate bankless media, culture, and education. Its goal is to drive adoption and awareness of truly bankless money systems like Ethereum, DeFi, and Bitcoin. It achieves this goal through the collective participation of its community. Learn more about how BANKLESS DAO is becoming one of the best DAOs out there right now.
**These videos should not be taken as financial advice but as informative and educational content. Please do your own research.**
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