Untangling: Tokens

Web3 is on the cusp of a revolution, with tokenization primed to transform the landscape of asset representation. With predictions showing that global asset tokenization might skyrocket to a staggering $16 trillion by 2030, it's crucial to get a grasp on what this means for our future.In this episode, Alec and Jack dive headfirst into the swirling vortex of tokens. They unravel the myriad types and classes of tokens, their unique properties, and their role in powering the electrifying peer-to-peer value exchange within the Web3 ecosystem.Our hosts guide listeners through the storm, touching on everything from native blockchain tokens and fiat currency to the stability of stablecoins, and exploring intriguing utility applications, including supply chain tracking, in-game virtual assets, and revolutionary ticketing systems.Prepare for the whirlwind as Alec and Jack delve into the intriguing distinction between 'fungible' and 'non-fungible' tokens (NFTs), unmasking the key differentiators that make some token types stand out in the complex landscape of tokenization.Untangling Web3 is brought to you by the dynamic duo, hosts Jack Davies and Alec Burns, masterfully produced and edited by Emma Camilleri. Got a question or topic suggestion? Send us an email at theuntanglingweb3podcast@gmail.com.Love what you're hearing? Show your support by becoming a subscriber and don't forget to leave us a stellar review.