💰 [Analysis] Crypto Tokens and the Coming Age of Protocol Innovation - Continuations

Blockchain enthusiasts routinely compare decentralized protocol development to the creation and growth of early-stage Internet protocols, and that analogy is accurate not only for conceptualizing a new piece of technology but understanding the incentives at play in attracting new developers, investors, and users. But unlike Internet protocols, which were mainly researched and developed by non-profit organizations, blockchain-based networks can finance their own research and development through the monetization of native tokens circulating within their and potentially other connected networks and ecosystems. As a result, research and development can be expected to continue at a much faster pace than early Internet development.